Cencora shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY24 adjusted EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Cencora shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY24 adjusted EPS guidance above estimates.
July 31, 2024 | 12:23 pm
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POSITIVE IMPACT
Cencora shares are experiencing a positive price movement following the release of better-than-expected Q3 financial results and an upward revision of FY24 adjusted EPS guidance.
The better-than-expected Q3 financial results and the raised FY24 adjusted EPS guidance are strong positive indicators for Cencora's financial health and future performance. This is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100