Cardinal Health — First Quarter Fiscal Year 2027 Earnings Summary

Cardinal Health reported first-quarter fiscal 2027 revenue of $67.5 billion, representing a 5% increase from the prior year period. GAAP operating earnings rose 13% to $753 million, while non-GAAP operating earnings increased 17% to $1.0 billion, resulting in non-GAAP diluted earnings per share of $3.26. The company raised its full-year fiscal 2027 non-GAAP earnings per share guidance to a range of $12.80 to $13.00, reflecting strong performance in the Pharmaceutical and Specialty Solutions segment and growth in other operating units. Additionally, Cardinal Health completed a $500 million share repurchase program during the quarter and announced strategic initiatives including a renewed distribution agreement with CVS Health and an anticipated acquisition of AdaptHealth's Diabetes Health business.