Cardinal Health Inc
CAH: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$438.00 | Bkdqb | Qgkwstpxt |
Cardinal Health Earnings: Double-Digit Growth Rally Continues, but Margin Remains Weak
Narrow-moat Cardinal Health reported second-quarter earnings that came in higher than our expectations. Total sales were up 11.6% year over year as the base distribution business continues to clock in robust performance. After slightly raising our near-term outlook and accounting for time value of money impacts, we raise our fair value estimate to $93 per share from $90.