— Cardinal Health (NYSE: CAH) reported first-quarter 2020 earnings of $1.27 per share, vs. $1.09 per share expected.
— Total revenue rose 6% to $37.3 billion, vs. $36.75 billion expected.
— Reaffirms fiscal year 2020 guidance range for non-GAAP EPS of $4.85 – $5.10.
— Agrees to resolve all pending and potential opioid lawsuits by states and political subdivisions, which includes payment of up to $5.56 billion over 18 years.
— CAH shares were up 4% immediately following the announcement.
Most Popular
Key highlights from Abbott Laboratories (ABT) Q1 2024 earnings results
Abbott Laboratories (NYSE: ABT) reported its first quarter 2024 earnings results today. Total sales increased 2.2% year-over-year to $10 billion. Organic sales growth was 10.8%. Net earnings decreased 7% to $1.22
US Bancorp (USB) Q1 2024 Earnings: Key financials and quarterly highlights
US Bancorp (NYSE: USB) reported its first quarter 2024 earnings results today. Total net revenue decreased 6.4% year-over-year to $6.7 billion. Net income applicable to US Bancorp common shareholders decreased
UAL Earnings: United Airlines Q1 loss narrows on higher revenues; results beat
United Airlines Holdings, Inc. (NYSE: UAL) reported a narrower net loss for the first quarter of 2024, on an adjusted basis. The bottom line benefitted from an increase in revenues.
