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Cardinal Health, Inc. - CAH STOCK NEWS

Welcome to our dedicated news page for Cardinal Health (Ticker: CAH), a resource for investors and traders seeking the latest updates and insights on Cardinal Health.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cardinal Health's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cardinal Health's position in the market.

Rhea-AI Summary
Cardinal Health (NYSE:CAH) announced progress on business and portfolio review, updated enterprise operating and segment reporting structure, and fiscal year 2024 non-GAAP diluted earnings per share (EPS) outlook. The company's at-Home Solutions and OptiFreight® Logistics businesses are set for long-term growth. The company plans to update fiscal 2024 Q2 earnings on February 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
-
Rhea-AI Summary
Cardinal Health (NYSE: CAH) to release second-quarter financial results for fiscal year 2024 on February 1, with a webcast discussion at 8:30 a.m. Eastern. Access to webcast and presentation slides available on the Investor Relations page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.81%
Tags
-
Rhea-AI Summary
Cardinal Health (NYSE: CAH) Approves Quarterly Dividend of $0.5006 per Share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.07%
Tags
management dividends
Rhea-AI Summary
Cardinal Health (NYSE: CAH) launches SmartGown™ EDGE Breathable Surgical Gown with ASSIST™ Instrument Pockets, designed to maintain instrument sterility and accessibility. The gown is made with chest pockets to keep frequently used surgical instruments within easy reach, minimizing potential contamination and unintentional instrument drops outside the sterile area. SmartGown™ EDGE is rated AAMI level 4 protection, providing high fluid exposure and blood-borne pathogen resistance. The gown aims to reduce instrument handoffs during procedures, promoting potential time savings and self-sufficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
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none
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Rhea-AI Summary
Cardinal Health reported first quarter fiscal 2024 revenue of $54.8 billion, a 10% increase from the previous year. GAAP operating loss was $14 million due to a goodwill impairment in the Medical segment. Non-GAAP operating earnings increased 35% to $571 million, driven by growth in both the Pharmaceutical and Medical segments. Non-GAAP diluted EPS increased 44% to $1.73. The company raised its fiscal 2024 non-GAAP EPS guidance to $6.75 to $7.00.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.86%
Tags
-
Rhea-AI Summary
Cardinal Health named among the 100 Best Corporate Citizens for its ESG transparency and performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
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none
Rhea-AI Summary
Cardinal Health launches Kangaroo OMNI™ Enteral Feeding Pump, providing more options for enteral feeding patients. The pump delivers thick, homogenized, and blended formulas, offers portability and versatility, and has a 30-day feeding history transmission. It aims to improve the lifestyle of patients and caregivers. The pump also has features like interruption monitoring and night mode. The product is designed with the caregiver in mind and is compatible with various accessories and languages.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
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none
-
Rhea-AI Summary
Cardinal Health to release Q1 FY2024 financial results on Nov 3, webcast and slides available on Investor Relations page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
-
Rhea-AI Summary
Cardinal Health Foundation invests $1.7M in 14 children's hospitals to prevent youth suicide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
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none
Rhea-AI Summary
Cardinal Health launches NTrainer™ System 2.0 to help premature infants develop oral coordination skills faster
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
Tags
none
Cardinal Health, Inc.

NYSE:CAH

CAH Rankings

CAH Stock Data

25.56B
241.94M
0.58%
90.15%
3.72%
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About CAH

cardinal health, inc. (nyse: cah), is a global integrated healthcare services and products company, providing customized solutions for hospital systems, pharmacies, ambulatory surgery centers, clinical laboratories and physician offices worldwide. the company provides clinically-proven medical products and pharmaceuticals and cost-effective solutions that enhance supply chain efficiency. cardinal health connects patients, providers, payers, pharmacists and manufacturers for integrated care coordination and better patient management. backed by nearly 100 years of experience, with more than 37,000 employees in nearly 60 countries, cardinal health ranks among the top 25 on the fortune 500. for more information, visit cardinalhealth.com, follow @cardinalhealth on twitter.