UPDATE 1-Cardinal sees '07 EPS at top end of view

Tue Jun 26, 2007 10:25am EDT
 
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(Adds analyst views, dateline)

CHICAGO, June 26 (Reuters) - Drug distributor Cardinal Health Inc. (CAH.N) said on Tuesday it expects fiscal 2007 earnings, excluding special items, to be in the top end of its forecast range of $3.32 to $3.40 per share.

Dublin, Ohio-based Cardinal will hold a conference call on Wednesday to discuss the new forecast.

Analysts on average expect earnings of $3.40 per share for 2007, according to Reuters Estimates.

Cardinal reiterated its 2008 forecast for earnings before items of $3.95 to $4.15 a share. Analysts expect $4.11 per share.

(Reporting by Aniruddha Basu in Bangalore)

((Editing by John Wallace; Reuters Messaging: aniruddha.basu@.reuters.com@reuters.net; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800)) Keywords: CARDINALHEALTH OUTLOOK/

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