NEW YORK (MarketWatch) -- Cardinal Health Corp. (CAH 33.36, +0.46, +1.40%) said Tuesday fourth-quarter net income fell 15% to $268 million, or 74 cents a share, from $316 million, or 88 cents a share in the year-ago period. The health care giant's adjusted income fell to 86 cents a share from 96 cents a share. Revenue grew by 10% to $25.2 billion. Wall Street analysts expected earnings of 86 cents a share and revenue of $24.3 billion, according to a survey by FactSet Research. Cardinal Health expects adjusted 2010 earnings of $1.90 to $2 a share, slightly ahead of the forecast of $1.87 to $1.91 a share provided on June 2. The spinoff of CareFusion Corp., the company that will become public from the spinoff of Cardinal Health's Clinical and Medical Products businesses, remains on track to be completed after the close of business on Aug. 31, the Dublin Ohio company said.
