CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Cencora, Inc. (COR) on Thursday reported fiscal fourth-quarter net income of $350.6 million.
On a per-share basis, the Conshohocken, Pennsylvania-based company said it had profit of $1.72. Earnings, adjusted for amortization costs and restructuring costs, were $2.86 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.79 per share.
The prescription drug distributor posted revenue of $68.92 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $66.57 billion.
For the year, the company reported profit of $1.75 billion, or $8.53 per share. Revenue was reported as $262.17 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