Cencora Reports Strong Quarterly Profit Growth in Q3 2024

Cencora, Inc. [COR] reported a strong performance in the fiscal quarter ending June 30, 2024. The company announced a net profit of $483 million for the quarter, marking a notable increase from the previous quarter.

The company, headquartered in Conshohocken, Pennsylvania, reported to SEC in an 8-K filing $2.42 earnings per share in the quarter, compared to $2.35 in the previous quarter.

Cencora, a prominent player in the pharmaceuticals sector, reported a revenue of $74.2 billion in the recent period. This figure demonstrates a substantial increase compared to the revenue generated in the previous quarter.

In comparing the current quarter's revenue to the same quarter in the previous year, Cencora witnessed a significant increase, showcasing a growth trajectory in its financial performance. Additionally, the company experienced a notable percentage change in profit for the current quarter when juxtaposed with the profit in the same quarter of the previous year.