Investing.com - Cardinal Health (NYSE:CAH) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Cardinal Health announced earnings per share of $0.77 on revenue of $42.59B. Analysts polled by Investing.com anticipated EPS of $1.2 on revenue of $40.39B.
Cardinal Health shares are up 10% from the beginning of the year and are trading at $58.98 , down-from-52-week-high.They are under-performing the S&P 500 which is up 17.22% from the start of the year.
Cardinal Health follows other major Healthcare sector earnings this month
Cardinal Health's report follows an earnings beat by J&J on Wednesday, July 21, 2021, who reported EPS of $2.48 on revenue of $23.31B, compared to forecasts EPS of $2.29 on revenue of $22.49B.
UnitedHealth had beat expectations on Thursday, July 15, 2021 with second quarter EPS of $4.7 on revenue of $71.32B, compared to forecast for EPS of $4.43 on revenue of $69.51B.
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