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Actionable news in CAH: CARDINAL HEALTH Inc,

Cardinal Health beats profit expectations but cuts outlook

Cardinal Health Inc. CAH, -9.76% reported fiscal first-quarter earnings that fell to $309 million, or 96 cents a share, from $383 million, or $1.15 a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share came to $1.24, above the FactSet consensus of $1.21. Revenue increased 14% to $32.0 billion from $28.1 billion, above the FactSet consensus of $31.1 billion. Pharmaceutical revenue of $28.8...