WASHINGTON (dpa-AFX) - Cardinal Health, Inc. (CAH) reported that its third-quarter net earnings rose to $333.4 million or $0.95 per share, from $246.0 million or $0.70 per share in the same quarter last year.
Non-GAAP earnings per share from Continuing Operations were $0.94 up from $0.81 Last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.88 per share. Analysts' estimates typically exclude special items.
Revenues for the quarter rose to $26.92 billion from $26.07 billion in the prior year quarter. Twelve analysts had consensus revenue estimate of $26.71 billion for the quarter.
For fiscal 2012, Cardinal Health now expects adjusted earnings per share from continuing operations of $3.15 to $3.20, compared to previous guidance of $3.10 to $3.20. Analysts expect the company to report earnings of $3.19 per share for fiscal 2012.
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