Cencora: Fiscal Q4 Earnings Snapshot
By AP News
Published - Nov 06, 2024, 06:53 AM ET
Last Updated - Dec 16, 2024, 05:39 PM EST
CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Cencora, Inc. (COR) on Wednesday reported fiscal fourth-quarter net income of $3.4 million.
On a per-share basis, the Conshohocken, Pennsylvania-based company said it had profit of 2 cents. Earnings, adjusted for one-time gains and costs, came to $3.34 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.21 per share.
The prescription drug distributor posted revenue of $79.05 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $77.68 billion.