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Walgreens Boots Alliance has sold more shares of drug distributor Cencora for proceeds of about $300 million, “primarily for debt paydown and general corporate purposes,” the company said Thursday night.
COR's first-quarter fiscal 2025 results showcase a strong segmental performance. The company's sales and earnings guidance for fiscal 2025 looks encouraging.
Cencora Inc. (NYSE:COR ) Q1 2025 Earnings Conference Call February 5, 2025 8:30 AM ET Company Participants Robert Mauch - President, Chief Executive Officer James Cleary - Executive Vice President, Chief Financial Officer Bennett Murphy - Senior Vice President, Head of Investor Relations Conference Call Participants Michael Cherny - Leerink Partners Lisa Gill - JP Morgan Elizabeth Anderson - Evercore ISI Steven Valiquette - Mizuho Securities Eric Percher - Nephron Research Daniel Grosslight - Citi Stephen Baxter - Wells Fargo Charles Rhyee - TD Cowen Allen Lutz - Bank of America George Hill - Deutsche Bank Erin Wright - Morgan Stanley Kevin Caliendo - UBS Eric Coldwell - Baird Operator Hello and welcome everyone to the Cencora Q1 fiscal year 2025 earnings call. My name is Becky and I'll be your Operator today.
The headline numbers for Cencora (COR) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cencora (COR) came out with quarterly earnings of $3.73 per share, beating the Zacks Consensus Estimate of $3.50 per share. This compares to earnings of $3.28 per share a year ago.
Drug distributor Cencora raised its fiscal 2025 profit forecast on Wednesday, driven by robust demand for expensive specialty medicines.
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Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Cencora (COR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
COR's fiscal first-quarter results are likely to reflect decent U.S. Healthcare Solutions segmental performance.
COR continues to gain traction from the robust U.S. Healthcare Solutions segment. However, stiff competition is a woe.
Cencora (COR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.