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RBC Capital rates Cardinal Health 'Outperform' after strong Q4 earnings and raised 2027 outlook.

Analyst Insights
19 Aug 2026
Tony Dante
View Source
Bullish
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RBC Capital initiated an 'Outperform' rating on Cardinal Health following the company's strong fiscal Q4 results, where adjusted EPS of $2.91 beat expectations by over 20%. Despite slightly lower sales than expected, high profitability and double-digit profit growth across all segments supported the positive outlook. Cardinal Health projects fiscal 2027 adjusted EPS between $12.40 and $12.60, above analyst consensus, and increased its share repurchase authorization by $5 billion to enhance shareholder value. This signals confidence in continued growth and strong market performance ahead.

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