Cencora (COR) Beats on Q1 Earnings & Revenues, Ups 2024 Outlook
Cencora(COR) Zacks Investment Research·2024-02-01 00:16
Cencora, Inc. (COR) reported first-quarter fiscal 2024 adjusted earnings per share (EPS) of $3.28, which beat the Zacks Consensus Estimate of $2.86 by 14.7%. The bottom line also improved 21% year over year.GAAP EPS was $2.98, up 27.9% from that reported in the year-ago period.Revenue DetailsRevenues totaled $72.3 billion, up 15% year over year. The top line beat the Zacks Consensus Estimate by 5.1%.Segmental AnalysisU.S. Healthcare SolutionsRevenues in this segment totaled $65.2 billion, up 15.9% on a year ...