Summary
Cardinal Health, Inc. (CAH) filed an 8-K on June 26, 2007, to announce a conference call scheduled for June 27, 2007. The primary purpose of this call was to reaffirm the company's fiscal year 2008 non-GAAP diluted earnings per share (EPS) guidance, projecting a range of $3.95 to $4.15. Additionally, Cardinal Health planned to provide more detailed segment-level insights into its long-term financial objectives and specific targets for fiscal year 2008. Investors should also note the company's positive outlook for fiscal year 2007. Cardinal Health indicated that it expects its non-GAAP diluted EPS from continuing operations to reach the upper end of its previously communicated range of $3.32 to $3.40. This update suggests strong performance in the current fiscal year and provides a degree of confidence in the company's forward-looking financial projections.
Key Highlights
- 1Cardinal Health scheduled a conference call for June 27, 2007, at 8:30 a.m. EDT.
- 2The company will reaffirm its fiscal year 2008 non-GAAP diluted EPS guidance of $3.95 to $4.15.
- 3Cardinal Health will provide segment-level detail on its long-term financial goals.
- 4Fiscal 2008 targets will also be discussed during the conference call.
- 5The company expects fiscal year 2007 non-GAAP diluted EPS from continuing operations to be at the top end of the $3.32 to $3.40 range.