CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Cencora, Inc. (COR) on Wednesday reported fiscal first-quarter profit of $559.6 million.
On a per-share basis, the Conshohocken, Pennsylvania-based company said it had net income of $2.87. Earnings, adjusted for one-time gains and costs, were $4.08 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.07 per share.
The prescription drug distributor posted revenue of $85.93 billion in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $85.97 billion.
Cencora expects full-year earnings in the range of $17.45 to $17.75 per share.
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