Cencora (COR) Q3 2026 Earnings Call Transcript

Image source: The Motley Fool.

DATE

Wednesday, Aug. 5, 2026 astatine 8:30 a.m. ET

CALL PARTICIPANTS

• Senior Vice President, Investor Relations and Enterprise Productivity - Bennett Murphy

• President and Chief Executive Officer - Robert Mauch

• Executive Vice President and Chief Financial Officer - Eva Boratto

Full Conference Call Transcript

Operator: Hello, everyone. Thank you for joining us, and invited to the Cencora Inc. Q3 Fiscal Year 2026 Earnings Call. [Operator Instructions] I volition present manus the league implicit to Bennett Murphy. Bennett, delight spell ahead.

Bennett Murphy: Good morning, bully afternoon, and convey you each for joining america for this league telephone to sermon Cencora's fiscal 2026 3rd 4th results. I americium Bennett Murphy, Senior Vice President, Investor Relations and Enterprise Productivity. Joining maine contiguous are Bob Mauch, President and CEO; and Eva Boratto, Executive Vice President and CFO. On today's call, we volition beryllium discussing non-GAAP fiscal measures. Reconciliations of these measures to GAAP are provided wrong today's property release, which is disposable connected our website astatine investors.cencora.com. We've besides posted a descent presumption to travel today's property merchandise connected our capitalist website.

During this league call, we volition sermon forward-looking statements astir our concern and fiscal expectations connected an adjusted non-GAAP basis, including, but not constricted to, EPS, operating income and income taxes. Forward-looking statements are based connected management's existent expectations and are taxable to uncertainty and change. For a treatment of cardinal risks and assumptions, we notation you to today's property merchandise and our SEC filings, including our astir caller 10-Q. Cencora assumes nary work to update immoderate forward-looking statements, and this telephone cannot beryllium rebroadcast without the support of the company. You person the accidental to inquire questions aft today's remarks by management.

We inquire that you bounds your questions to 1 per subordinate successful bid for america to get to arsenic galore arsenic possible. With that, I'll crook the telephone implicit to Bob.

Robert Mauch: Thank you, Bennett. Hi, everyone, and convey you for joining Cencora's fiscal 2026 Third Quarter Earnings Call. To start, I'd similar to convey our Cencora squad members for their continued committedness to providing invaluable solutions for our customers. In our 3rd quarter, we delivered beardown results driven by execution crossed Cencora and investments to beforehand our specialty positioning and our pharmaceutical-centric strategy. Our concern show drove double-digit adjusted operating income maturation and supported by $1 cardinal of opportunistic stock repurchases, we achieved 12% EPS maturation successful the quarter. We're pleased to beryllium raising our fiscal 2026 EPS guidance, reflecting our assurance successful our continued execution and the spot of our portfolio arsenic we adjacent retired the fiscal year.