By Elias Schisgall
Shares of Cencora fell after the company's revenue in the fiscal first quarter came in below Wall Street expectations.
Cencora shares fell 6.9% to $336.64 in Wednesday morning trading. The stock has risen 34% in the past 12 months.
The pharmaceutical distribution company on Wednesday reported a profit of $559.6 million, or $2.87 a share, compared with a profit of $488.6 million, or $2.50 a share, a year earlier.
On an adjusted basis, the company posted earnings of $4.08 a share. Analysts polled by FactSet were expecting $4.05 a share.
Revenue rose 5.5% to $85.93 billion, up from $81.49 billion a year earlier but behind analysts' expectations of $86.01 billion, according to FactSet.
The company raised its fiscal 2026 outlook for adjusted operating income to between 11.5% and 13.5% growth, up from a previous range of 8% to 10%, to reflect the company's acquisition of OneOncology and growth in the U.S. Healthcare Solutions segment.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
February 04, 2026 11:17 ET (16:17 GMT)
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