Cencora Inc reports results for the quarter ended March 31 - Earnings Summary

• Cencora Inc COR.N reported quarterly adjusted earnings of $4.42​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $3.80. The mean expectation of fifteen analysts for the quarter was for earnings of $4.11 per share. Wall Street expected results to range from $3.99 to $4.35 per share.

• Revenue rose 10.3% to $75.45 billion from a year ago; analysts expected $75.68 billion.

• Cencora Inc's reported EPS for the quarter was $3.68​.

• The company reported quarterly net income of $717.87 million.

• Cencora Inc shares had risen by 4.6% this quarter and gained 29.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

• Wall Street's median 12-month price target for Cencora Inc is $309.50

This summary was machine generated from LSEG data May 7 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)