India, April 30 -- Healthcare services company Cardinal Health, Inc. (CAH), while reporting weak third-quarter profit but higher revenues, on Thursday raised and narrowed its fiscal 2026 outlook for adjusted earnings per share.
In pre-market activity, the shares were gaining around 2.4 percent, trading at $207.71.
For fiscal 2026, Cardinal Health now expects adjusted earnings of $10.70 to $10.80 per share, representing a growth of 30 percent to 31 percent.
The company previously projected adjusted earnings in a range of $10.15 to $10.35 per share.
Pharmaceutical and Specialty Solutions segment profit growth is now expected to be 22 percent to 23 percent, higher than the prior range of 20 percent to 22 percent.
Other segment profit grow...