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Aug 11, 2026

Cardinal Health raises full-year profit forecast on specialty drug strength

U.S. drug distributor Cardinal Health forecast fiscal 2027 profit well above Wall Street expectations after beating fourth-quarter estimates, driven by sustained demand for specialty drugs.

Aug 11, 2026·2 sources
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Top claims

  • ▪The acquisition of AdaptHealth's diabetes business expanded Cardinal Health's home care business and broadened its reach in diabetes care using its direct-to-consumer distribution platform
  • ▪Cardinal Health acquired AdaptHealth's diabetes health business and medical supply provider Strive Medical in July 2026 in separate deals totaling approximately $360 million
  • ▪Cardinal Health forecast fiscal 2027 adjusted profit per share between $12.40 and $12.60 on August 11, 2026

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