Cencora, Inc. (COR) earnings on August 5, 2026

Before the market opens Q2 2026

More Cencora, Inc. earnings

Prior outlook: Pessimistic Outcome: Missed

Cencora stock climbed after the company reported better-than-expected quarterly results and raised its annual profit forecast. The shares rose as high as 6.75% during the day before settling at a 3.75% gain at closing.

COR price around the earnings

317.22

Change: +3.6%

2026-08-05, 20:00 UTC

Start of the measured window End of the measured window
306.30 313.20 320.09 326.99 306.30
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
August 5, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Missed

Thesis published
Results released

100% beat rate and +16.5% analyst upside overshadowed by FTC merger investigation; regulatory uncertainty now material.

Context analyzed before publication

Trend
Sharp reversal from +15.1 to -72.7 on FTC news; trend strength collapse reflects institutional selling into retail euphoria.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.57
Analysts covering the stock
12
Average price target
356.67
Lowest price target
320
Highest price target
412
Upside to price target
16.5%
Quarterly earnings growth
128.6%
Revenue growth
3.8%
Forward EPS
19.82
Trailing EPS
12.96
Analyst moves in the last 60 days
2
  • Strong buy: 4
  • Buy: 8
  • Hold: 2
  • Sell: 0
  • Strong sell: 0
Strong buy
4
Buy
8
Hold
2
Sell
0
Strong sell
0
  • June 24, 2026 · B of A Securities: Maintains rating (Neutral → Neutral)
  • June 10, 2026 · Barclays: Maintains rating (Overweight → Overweight)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
News

There is no news coverage available for this event.

Technicals

Evidence

Price when the context was analyzed
306.3
Average true range (ATR)
2.2%
Distance to 52-week high
-17.9%
14-day change (14d)
+1.0%
30-day change (33d)
+3.2%
30-day relative strength
-0.3%
SPY change (33d)
+3.5%
Nearest support
306.07
Distance to nearest support
0.1%
Nearest resistance
308.77
Distance to nearest resistance
0.8%
Volume accumulation ratio (14d / 46d)
0.72
  • Mid: 306.07 (0.1% away, 0.04 ATR, 19 touches)
  • Mid: 302.93 (1.1% away, 0.51 ATR, 25 touches)
  • Mid: 300 (2.1% away, 0.95 ATR, 25 touches)
  • Major: 308.77 (0.8% away, 0.37 ATR, 40 touches)
  • Mid: 311.49 (1.7% away, 0.79 ATR, 12 touches)
  • Major: 314.73 (2.8% away, 1.27 ATR, 24 touches)

Trends

Evidence

Average earnings surprise
+1.8%
  • May 6, 2026: actual EPS 4.75 vs estimate 4.73 (surprise +0.5%)
  • February 4, 2026: actual EPS 4.08 vs estimate 4.04 (surprise +1.0%)
  • November 5, 2025: actual EPS 3.84 vs estimate 3.79 (surprise +1.4%)
  • August 6, 2025: actual EPS 4 vs estimate 3.84 (surprise +4.2%)

Expected move

Implied move
+2.5%
Source
Options chain

Reactions over its last 20 earnings

Median move
2.8%
75th percentile move
4.8%
90th percentile move
5.9%
Up / down moves
12 / 8
Average up move
+2.9%
Average down move
-5.4%

Monitoring and close

What Cencora, Inc. reported

Status
Finished
Actual EPS4.48
EPS estimate4.35
EPS surprise+3.0%
Revenue$84,754 million
Revenue estimate$84,315 million
Revenue surprise+0.5%

Cencora expands credit facilities and adjusts receivables terms, strengthening liquidity. The improved annual outlook keeps investor sentiment optimistic.

Sources (13)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +3.1% pre-market, a move in line with the stock's usual reaction (about 3%). The figures overturn the prior pessimistic scenario. In the 1,275 similar cases in our market history, the close held that direction 86% of the time.

How the stock reacted

Outcome
Missed
Consolidated
+3.8%
Max favorable move (MFE)
0%
Max adverse move (MAE)
6.8%