Cencora: Overview of First Fiscal Quarter Earnings

Cencora, Inc. Announces First-Quarter Financial Results

Cencora, Inc., headquartered in Conshohocken, Pennsylvania, reported a net profit of $559.6 million for its fiscal first quarter.

The company’s earnings translated to $2.87 per share. After adjusting for special items, earnings reached $4.08 per share.

These adjusted earnings surpassed analysts’ expectations, as the consensus from seven Zacks Investment Research analysts had predicted $4.07 per share.

During the quarter, the pharmaceutical distributor generated $85.93 billion in revenue, slightly below the $85.97 billion anticipated by six analysts surveyed by Zacks.

Looking ahead, Cencora projects its full-year earnings per share to fall between $17.45 and $17.75.

This article was created using data from Zacks Investment Research and Automated Insights.