Cardinal Health Inc
CAH: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$423.00 | Mlzkxpv | Ckvcbttcg |
Cardinal Health Earnings: Positive Results From Strong Core Business but Medical Continues To Suffer
Narrow-moat Cardinal Health reported better-than-expected results third-quarter results. Total sales were up 12.6% year over year driven by strong performance from its core distribution business. We are maintaining our fair value estimate of $67 per share as minor upticks in near term assumptions did not have any material impacts.