UPDATE 1-Cardinal Health raises 2026 profit forecast

Cardinal Health, Inc.

CAH

0.00

Adds details in paragraphs 2-4

Jan 13 (Reuters) - Drug distributor Cardinal Health CAH.N on Tuesday forecast 2026 adjusted profit to be at least $10 per share, compared with its prior projection of $9.65 to $9.85 per share.

Analysts on average were expecting a profit of $9.83 per share, according to data complied by LSEG.

The increased forecast reflects the company's strong performance across its five operating segments, it said.

Cardinal also said it has transitioned its manufacturer distribution service agreements for all branded drugs impacted by the 2026 Medicare Drug Price Negotiation Program.

(Reporting by Sneha S K; Editing by Shilpi Majumdar)

((Sneha.SK@thomsonreuters.com;))

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.