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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cardinal Health Inc | NYSE:CAH | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-3.73 | -3.62% | 99.25 | 102.26 | 98.24 | 101.68 | 3,445,968 | 01:00:00 |
By Allison Prang
Cardinal Health Inc. (CAH) is guiding to have restructuring charges between $120 million and $145 million as part of cost-savings efforts, and said the bulk of those should be recorded in the current fiscal year.
The company expects adjusted earnings to be between $4.85 a share and $5.10 a share for the fiscal year. Analysts polled by FactSet are expecting $5.09 a share.
Cardinal Health said an expected incremental $130 million in cost savings from attempts to simplify the company are included in its expectations for the current fiscal year.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
August 08, 2019 07:38 ET (11:38 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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