Cencora Forecasts 2024 Adjusted EPS Of $13.55-$13.65 Versus Prior Guidance Of $13.35-$13.55 And Consensus Of $13.47
Portfolio Pulse from Benzinga Newsdesk
Cencora has updated its 2024 adjusted EPS forecast to a range of $13.55-$13.65, up from the previous guidance of $13.35-$13.55 and above the consensus estimate of $13.47.
July 31, 2024 | 10:34 am
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Cencora has raised its 2024 adjusted EPS forecast to $13.55-$13.65, which is higher than both its previous guidance and the consensus estimate. This positive revision indicates strong expected performance.
The upward revision of the EPS forecast suggests that Cencora is expecting better-than-anticipated financial performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
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