Welcome to our dedicated page for Cencora news (Ticker: COR), a resource for investors and traders seeking the latest updates and insights on Cencora stock.
Cencora, Inc. (NYSE: COR) generates frequent news and disclosures that reflect its role as a large pharmaceutical solutions and distribution company. Its press releases and earnings announcements highlight how the organization partners with pharmaceutical innovators, supports care providers with secure and reliable delivery of pharmaceuticals and healthcare products, and advances its pharmaceutical-centric strategy across U.S. and international markets.
Investors and healthcare professionals following Cencora news can expect regular updates on quarterly and annual financial results, including detailed discussions of revenue trends, gross profit, operating income, and adjusted non-GAAP metrics for its U.S. Healthcare Solutions and International Healthcare Solutions segments. The company also issues announcements about earnings release dates and conference calls, providing access information for live webcasts and replays.
Cencora’s news flow often covers strategic transactions and investments, such as the acquisition of Retina Consultants of America (RCA) and the agreement to acquire additional equity interests in OneOncology, a physician-led oncology platform. These updates explain how such moves are intended to strengthen specialty solutions, enhance research and clinical trial capabilities, and support community-based care. Other releases describe investments in the distribution network, including plans for a second national distribution center and expanded cold chain capacity.
Corporate governance and board developments are another recurring theme, with announcements about board appointments, leadership transitions, and committee actions. In addition, Cencora issues news on specialty data and analytics offerings through IntrinsiQ Specialty Solutions, including expanded oncology biomarker data and insights for manufacturers and physicians.
By monitoring Cencora’s news page, readers can track financial performance, capital allocation decisions, specialty care initiatives, board-level changes, and data-driven solutions that shape the company’s role in the healthcare and pharmaceutical distribution landscape.
Walgreens Boots Alliance (WBA) has announced the early settlement of certain prepaid variable share forward transactions related to Cencora shares, resulting in approximately $300 million in proceeds. The transaction involves the delivery of 6.1 million Cencora shares and a concurrent sale of 1.3 million additional shares.
Following the settlement, WBA retains approximately 12.6 million Cencora shares pledged under remaining forward contracts, scheduled to mature during March, June, and September 2025. The company's ownership in Cencora has decreased from 10% to approximately 6%. The proceeds will primarily be used for debt paydown, specifically addressing fiscal year 2026 debt maturities, and general corporate purposes.
The transaction includes a net aggregate cash payment of approximately $20 million to financial institutions. Despite the reduced ownership, WBA maintains its strategic partnership with Cencora, with Ornella Barra continuing to serve on Cencora's Board of Directors.
Cencora (NYSE: COR) reported strong financial results for its fiscal 2025 first quarter ended December 31, 2024. The company achieved revenue of $81.5 billion, marking a significant 12.8% increase compared to the same period last year.
The company's GAAP diluted earnings per share (EPS) was $2.50, compared to $2.98 in the prior year's first quarter. However, adjusted diluted EPS, excluding certain items, showed robust growth of 13.7%, reaching $3.73 compared to $3.28 in the previous year.
Following these results, Cencora has raised its adjusted diluted EPS guidance range for fiscal 2025 to $15.25 to $15.55.
Harrow (HROW) has announced a strategic partnership with Cencora (COR) to launch the 'Harrow Cares' program, aimed at improving accessibility and affordability of IHEEZO® and TRIESENCE® for retina specialists and their patients. The program offers comprehensive support services through a state-of-the-art patient support hub.
The initiative includes multiple key features: streamlined enrollment through various channels, real-time benefit verifications for rapid treatment access, flexible affordability options including commercial copay assistance with patients paying as little as $0, and ongoing support services including patient welcome calls and prior authorization denial assistance.
This partnership represents Harrow's strategic focus on expanding its presence in the U.S. retina market and demonstrates the company's commitment to improving healthcare accessibility while driving better patient outcomes.
Cencora (NYSE: COR) has scheduled its First Quarter Fiscal 2025 earnings release for Wednesday, February 5, 2025, before the NYSE opening bell. The company will host a conference call at 8:30 a.m. ET the same day, featuring President & CEO Robert P. Mauch and CFO James F. Cleary.
The earnings call will be accessible via webcast on investor.cencora.com and by telephone. U.S. and Canada participants can dial (833) 470-1428, while international callers should use +1 (404) 975-4839, with access code 427679. Replays will be available on the website and via telephone for 7 days using the access code 402593.
Cencora is a global pharmaceutical solutions organization ranked #10 on the Fortune 500 and #18 on the Global Fortune 500, generating over $290 billion in annual revenue. The company employs 46,000+ team members worldwide.
Cencora (NYSE: COR) has completed its previously announced acquisition of Retina Consultants of America (RCA), acquiring approximately 85% interest in the leading management services organization of retina specialists. The remaining minority equity interest is retained by RCA physicians and management team members.
The transaction involved a cash outlay of $4.4 billion at closing, subject to post-closing price adjustments. This amount includes equity rollover, cash capitalization of RCA, transaction fees, expenses, and debt repayment.
The strategic acquisition strengthens Cencora's specialty leadership position and expands its MSO solutions, aiming to create differentiated value for stakeholders, including physicians and patients. Following the acquisition, Cencora has raised its Adjusted Diluted EPS guidance range to $15.15 to $15.45 for Fiscal 2025.
Cencora (NYSE: COR) has successfully closed a public offering of senior notes totaling $1.8 billion. The offering consists of three tranches: $500 million of 4.625% notes due 2027, $600 million of 4.850% notes due 2029, and $700 million of 5.150% notes due 2035.
The proceeds will be used to finance the acquisition of the majority stake in Retina Consultants of America, related fees, and general corporate purposes. The offering was managed by BofA Securities, Citigroup Global Markets, J.P. Morgan Securities, and Wells Fargo Securities.
Cencora (NYSE: COR) has announced pricing for three senior notes offerings totaling $1.8 billion: $500 million of 4.625% notes due 2027, $600 million of 4.850% notes due 2029, and $700 million of 5.150% notes due 2035. The offering, expected to close on December 9, 2024, will fund the acquisition of Retina Consultants of America's majority stake and general corporate purposes. The offering is managed by BofA Securities, Citigroup Global Markets, J.P. Morgan Securities, and Wells Fargo Securities.
Cencora (NYSE: COR) reported Q4 fiscal 2024 revenue of $79.1 billion, up 14.7% year-over-year, with full-year revenue reaching $294.0 billion, a 12.1% increase. Q4 GAAP diluted EPS was $0.02, while adjusted diluted EPS grew 16.8% to $3.34. For fiscal 2024, GAAP diluted EPS decreased 11.7% to $7.53, while adjusted diluted EPS increased 14.8% to $13.76.
The company increased its quarterly dividend by 8% to $0.55 per share and announced the acquisition of Retina Consultants of America. U.S. Healthcare Solutions revenue grew 15.7% to $71.7 billion, while International Healthcare Solutions revenue increased 5.5% to $7.4 billion in Q4.
Cencora (NYSE: COR) has announced a definitive agreement to acquire Retina Consultants of America (RCA) from Webster Equity Partners for $4.6 billion in cash. RCA is a leading management services organization of retina specialists, with nearly 300 specialists across 23 states conducting over 2 million patient visits annually. Cencora will hold approximately 85% ownership, while RCA's affiliated practices, physicians, and management will retain a minority interest. The acquisition is expected to be $0.35 accretive to Cencora's adjusted diluted EPS in its first twelve months and includes potential contingent payments up to $500 million in fiscal years 2027 and 2028.
Cencora (NYSE: COR) announced two key appointments to its enterprise leadership team. Francois Mandeville joins as Executive Vice President, Strategy and M&A, bringing extensive experience from Johnson Controls and Danaher , where he helped grow business from $2.2B to $15B. Pawan Verma becomes Executive Vice President, Chief Data and Information Officer, joining from MetLife where he led a 10,000-person organization as Global CIO. These appointments aim to advance Cencora's pharmaceutical-centric strategy, enhance digital transformation, and drive growth through M&A and technological innovation.