Cencora Acquires Retina Care Practice Network For $4.6 Billion, Boosts Dividend On Better Than Expected Q4 Earnings

On Wednesday, Cencora, Inc.’s (NYSE:COR) fourth-quarter 2024 sales increased 14.7% to $79.1 billion, beating the consensus of $77.65 billion.  

The sales jump reflects a 15.7% increase in revenue within U.S. Healthcare Solutions and a 5.5% increase in revenue within International Healthcare Solutions.

The company reported adjusted EPS of $3.34, up 16.8% year over year, beating the consensus of $3.22.

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Concurrently, Cencora agreed to acquire Retina Consultants of America, a management services organization (MSO) ...