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Guidance above expectations and a solid demand backdrop imply multiple expansion potential, though the non-recurring tariff tailwind tempers the durability of earnings upside.
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Cardinal Health posted a mixed Q4, with revenue up 6% and profits helped by a one-time tariff refund. The company issued fiscal 2027 EPS guidance above consensus, driven by solid specialty drug demand. Investors should focus on whether this earnings trajectory sustains beyond the non-recurring tariff tailwind and how the mix affects margins.
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