Cardinal Health's sales grew more than expected last quarter, and it raised its outlook for the year.

CAH · Cardinal Health Inc.

The AI's read

Pharmaceutical sales are the main driver of the stronger company forecast, and the company also expects faster profit growth in that segment. That supports a positive reading. Medical-products sales were nearly unchanged, and petroleum costs are pushing that segment's profit toward the bottom of its range. Those pressures temper, but do not outweigh, the stronger pharmaceutical business and company-wide forecast.