Cardinal Health stock drops 3% on downbeat fiscal 2018 guidance

Cardinal Health stock drops 3% on downbeat fiscal 2018 guidance


Cardinal Health Inc. shares declined 3% in premarket trade Wednesday after the company reported fourth quarter profit and revenue beats but issued downbeat 2018 guidance. Earnings for the latest quarter declined to $274 million, or 86 cents per share, from $333 million, or $1.02 per share in the year-earlier period.



from Biotech News