Cardinal Health (CAH) Tops Q2 EPS by 30c, Updates Guidance
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Cardinal Health Reports Second-Quarter Results for Fiscal Year 2021
February 5, 2021 6:55 AM ESTDUBLIN, Ohio, Feb. 5, 2021 /PRNewswire/ --Â Cardinal Health (NYSE: CAH) today reported second-quarter fiscal year 2021 revenue of $41.5 billion, an increase of 5% from the second quarter of last year. Second-quarter GAAP operating earnings increased 38% to $461 million, primarily due to the beneficial comparison to the prior-year charge related to voluntary surgical gown recalls. GAAP diluted earnings per share (EPS) increased to $2.13, primarily due to the tax effect of a self-insurance loss.
