CAH Stock Recent News
CAH LATEST HEADLINES
New facility will be outfitted with latest robotics and automation technologies DUBLIN, Ohio , Jan. 14, 2025 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced construction is underway on a new distribution center in Fort Worth, Texas, which will support its at-Home Solutions business, a leading medical supplies provider that serves more than 5 million patients annually in the United States. The new 340,000 square foot distribution center will consolidate its two existing warehouses into one larger facility, creating approximately 74,000 additional square feet of inventory capacity and retaining its current workforce.
Cardinal Health said on Tuesday it expects annual profit to be at the higher end of its previous forecast range, primarily driven by strong demand for costly specialty medicines and branded drugs at its pharmaceuticals unit.
Cardinal (CAH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Substantial, Rapid and Sustained Statistically Significant Reductions of Key Biomarkers Achieved Across Doses, Including up to 80% Mean Reduction of Androstenedione
Cardinal Health (CAH) closed at $122.53 in the latest trading session, marking a +0.93% move from the prior day.
The latest trading day saw Cardinal Health (CAH) settling at $119.63, representing a +0.28% change from its previous close.
With all of the major indices making solid moves higher in 2024, we were very interested to see what the top prognosticators across Wall Street think is in store for 2025 as we start the second quarter of the new century.
CAH continues to grow on the back of its robust product portfolio and a strong quarterly result.
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