Cencora gains on 2027 profit forecast raise
Wed 13:13
BUZZ-Cencora gains on 2027 profit forecast raise ** Shares of US drug distributor Cencora COR.N rise 2% to $347.49 premarket
** COR forecasts fiscal 2027 adj. profit in the range of $19.40 to $19.75 per share, the midpoint of which surpassed analysts' expectation of $19.70 apiece, according to LSEG-compiled data
** Co reports Q4 revenue of $88.35 bln, vs est. of $88.03 bln
** COR posts an adjusted profit of $4.66 per share in Q4, compared to est. of $4.58
** As of last close, COR stock was up ~1% YTD
(Reporting by Padmanabhan Ananthan)