Growth In Specialty BusinessThe specialty business continues to grow, highlighted by the planned acquisition of Specialty Networks which is expected to be accretive to non-GAAP EPS 12 months following.
Long-Term Financial StabilityCardinal Health shows a clear ability to sustain elevated growth versus historical levels, which is not fully reflected in relative multiples despite recent outperformance.
Positive Financial PerformanceAdjusted EPS of $1.82 beat estimates, and the company boosted FY2024 EPS guidance, reflecting management's confidence in achieving its financial targets.