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Cardinal Health raises FY25 EPS view to $7.55-$7.70 from at least $7.50

Consensus $7.53. Sees FY25 revenue up 10%-12%, consensus $209.78B. Sees FY25 capital expenditures $500M-$550M. Sees FY25 adjusted free cash flow $1B. Sees FY25 effective tax rate 23%-25%. The company said, “The company raised its fiscal year 2025 outlook for non-GAAP diluted EPS to $7.55 to $7.70 from the preliminary outlook of at least $7.50 previously communicated during the company’s third quarter fiscal year 2024 earnings release. The company updated its Pharmaceutical and Specialty Solutions segment profit growth outlook to 1% to 3% growth, from at least 1% growth. The company also improved its fiscal year 2025 outlooks for Interest and other, diluted weighted average shares outstanding and share repurchases.”

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