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Benzinga
Benzinga
Business
Avi Kapoor

Cardinal Health Posts Upbeat Q1 Results, Joins Guardant Health, Glaukos, C.H. Robinson And Other Big Stocks Moving Higher On Thursday

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U.S. stocks were mixed, with the Dow Jones index gaining around 200 points on Thursday.

Shares of Cardinal Health, Inc. (NYSE:CAH) rose sharply during Thursday's session after the company reported better-than-expected first-quarter financial results and raised its FY25 adjusted EPS guidance above estimates.

Cardinal Health reported quarterly earnings of $2.55 per share which beat the analyst consensus estimate of $2.18 per share. The company reported quarterly sales of $64.009 billion which beat the analyst consensus estimate of $59.197 billion.

Cardinal Health shares jumped 17.5% to $193.26 on Thursday.

Here are some other big stocks recording gains in today’s session.

  • Guardant Health, Inc. (NASDAQ:GH) shares jumped 29.3% to $93.45 after the company reported better-than-expected third-quarter financial results and raised its FY25 sales guidance above estimates.
  • Emergent BioSolutions Inc. (NYSE:EBS) gained 29% to $12.11 after the company reported better-than-expected quarterly financial results and raised its FY25 sales guidance.
  • Glaukos Corporation (NYSE:GKOS) surged 28.7% to $99.20 after the company reported better-than-expected quarterly financial results and raised its FY25 sales guidance above estimates.
  • C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) shares rose 21.3% to $156.66 after the company reported better-than-expected third-quarter adjusted EPS results.
  • Viavi Solutions Inc. (NASDAQ:VIAV) gained 21.1% to $16.93 after the company reported first-quarter results above estimates and issued second-quarter guidance above expectations.
  • Perimeter Solutions, Inc. (NYSE:PRM) rose 21% to $25.96 following upbeat earnings.
  • FormFactor, Inc. (NASDAQ:FORM) gained 21% to $57.71 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter guidance above estimates.
  • Metsera, Inc. (NASDAQ:MTSR) rose 20.9% to $63.15 after Novo Nordisk confirmed it submitted an unsolicited proposal to acquire the company.
  • Immunovant, Inc. (NASDAQ:IMVT) gained 20% to $26.00.
  • Bausch Health Companies Inc. (NYSE:BHC) rose 15% to $6.79 after the company reported better-than-expected third-quarter financial results and raised its FY25 sales guidance.
  • Insmed Incorporated (NASDAQ:INSM) gained 11.8% to $186.35 after the company raised its FY2025 global ARIKAYCE sales guidance.
  • XPO, Inc. (NYSE:XPO) rose 11.3% to $138.82 following strong quarterly earnings.
  • WESCO International, Inc. (NYSE:WCC) rose 10% to $251.41 after posting upbeat quarterly results.
  • Calix, Inc. (NYSE:CALX) gained 9.3% to $68.00 after the company reported better-than-expected third-quarter financial results and issued current-quarter guidance above estimates.
  • CommScope Holding Company, Inc. (NASDAQ:COMM) shares rose 8.1% to $17.02 after the company reported quarterly results above estimates.
  • Huntington Ingalls Industries, Inc. (NYSE:HII) gained 7.3% to $320.12 after the company reported third-quarter results above estimates.
  • Extreme Networks, Inc. (NASDAQ:EXTR) jumped 7.2% to $19.31 following upbeat quarterly earnings.
  • Fox Corporation (NASDAQ:FOX) gained 6.4% to $57.83 after the company reported better-than-expected quarterly financial results and announced a $1.5 billion accelerated share buyback transaction.
  • Alphabet Inc. (NASDAQ:GOOG) rose 5.2% to $289.57 following upbeat quarterly results.

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