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.
For the year, the company reported profit of $1.51 billion, or $7.53 per share. Revenue was reported as $293.96 billion.
Cencora expects full-year earnings in the range of $14.80 to $15.10 per share.
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