Cencora Inc

COR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$966.00	Nyvykqn	Jgfkhjvcm

AmerisourceBergen Earnings: Strong Sales Growth and Investment in Specialty Strengthen Its Foothold

Keonhee Kim

May 2, 2023

Narrow-moat AmeirsourceBergen reported second-quarter results that were higher than expected. Total sales were up 9.9% year over year, driven by strong volume growth. We maintain our fair value estimate of $149 per share as the minor outperformance doesn't impact our valuation.

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