Cardinal Health Earnings Preview: Can This Streak Continue?

Cardinal Health (NYSE:CAH) will report earnings before markets open on Thursday, May 2nd. Cardinal Health, Inc. provides complementary products and services to healthcare providers and manufacturers. The Company’s services include pharmaceutical distribution, health-care product manufacturing, distribution and consulting services, drug delivery systems development, pharmaceutical packaging, automated dispensing systems manufacturing, and retail pharmacy franchising.

Here is your Cheat Sheet to Cardinal Health Earnings:

Earnings Expectations: Analysts expect earnings of $0.95 per share on revenues of $24.72 billion. Currently, the company’s P/E ratio stands at 13.43.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.81 and has not changed. For the current year, the average estimate is a profit of $3.5, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Cardinal Health has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 90,980 95,990 98,500 102,640 107,550
Diluted EPS ($) 3.57 3.18 1.77 2.72 3.06

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 27,080 26,920 26,760 25,890 25,230
Diluted EPS ($) 0.75 0.95 0.6797 0.79 0.88

Past Performance:
Cardinal Health has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)