CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Cencora, Inc. (COR) on Wednesday reported fiscal second-quarter net income of $1.64 billion.
The Conshohocken, Pennsylvania-based company said it had profit of $8.40 per share. Earnings, adjusted for one-time gains and costs, were $4.75 per share.
The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.80 per share.
The prescription drug distributor posted revenue of $78.36 billion in the period, which also fell short of Street forecasts. Six analysts surveyed by Zacks expected $80.76 billion.
Cencora expects full-year earnings in the range of $17.65 to $17.90 per share.
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