Corporate News
Cencora Inc, a pharmaceutical company, has reported financial results for the recent quarter. Key highlights from the earnings report include:
- Revenue exceeded estimates, with a notable increase in sales of GLP-1 class products
- Earnings per share (EPS) also surpassed expectations, driven by strong performance in the U.S. segment
- The U.S. segment reported a 19.8% increase in EPS, contributing to an upward revision in the company’s guidance
The company’s financial performance has led to an increase in its stock price, reaching a 52-week high. Additionally, Cencora Inc has declared a dividend of $0.55.
Financial Highlights
- Revenue: exceeded estimates
- Earnings per share (EPS): surpassed expectations
- U.S. segment EPS growth: 19.8%
- Dividend: $0.55 declared