Cencora: Fiscal Q1 Earnings Snapshot

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CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Cencora, Inc. (COR) on Wednesday reported fiscal first-quarter earnings of $601.5 million.

The Conshohocken, Pennsylvania-based company said it had net income of $2.98 per share. Earnings, adjusted for one-time gains and costs, were $3.28 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.86 per share.

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The prescription drug distributor posted revenue of $72.25 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $68.81 billion.

Cencora expects full-year earnings in the range of $12.70 to $13 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COR at https://www.zacks.com/ap/COR