AmerisourceBergen Q3 Results Top Estimates

RTTNews | 875 days ago
Stocktwits
AmerisourceBergen Q3 Results Top Estimates

(RTTNews) - AmerisourceBergen Corp. (ABC) on Wednesday reported that net income attributable to the company for the third quarter surged to $406.96 million or $1.92 per share from $292.12 million or $1.40 per share in the prior-year quarter.

Excluding items, adjusted net income for the quarter were $2.62 per share, compared to $2.16 per share in the year-ago quarter.

Total revenue for the quarter increased 12.5 percent to $60.06 billion from $53.41 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $2.56 per share on revenues of $59.02 billion for the quarter. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: ABC
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AmerisourceBergen To Buy Germany's PharmaLex Holding For EUR 1.28 Bln In Cash

AmerisourceBergen To Buy Germany's PharmaLex Holding For EUR 1.28 Bln In Cash

AmerisourceBergen Corp. (ABC) announced Monday that it has signed a definitive agreement to acquire Germany's PharmaLex Holding GmbH, a leading provider of specialized services for the life sciences industry, from funds advised by AUCTUS Capital Partners AG for 1.28 billion euros in cash, subject to certain customary adjustments.
RTTNews | 835 days ago
AmerisourceBergen Boosts FY22 Outlook; Declares Dividend - Update

AmerisourceBergen Boosts FY22 Outlook; Declares Dividend - Update

While reporting financial results for the third quarter on Wednesday, AmerisourceBergen Corp. (ABC) raised its adjusted earnings guidance for the full-year 2022, driven by stronger than expected performance of several of its businesses and a lower average diluted share count.
RTTNews | 875 days ago
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the lack of cues from global markets overnight as they were closed for Christmas holiday and the thin trading with some markets in the region closed in the holiday-shortened week. Traders react to China's central bank holding the interest rate on the one-year medium-term lending facility at 2% on Wednesday.
RTTNews | 7h 31min ago
Japanese Market Notably Higher

Japanese Market Notably Higher

Adding to the gains in the previous session, the Japanese stock market is notably higher on Thursday, following the lack of cues from global markets overnight as they were closed for Christmas holiday. The Nikkei 225 is moving well above the 39,300 level, with gains across most sectors led by index heavyweights and automaker stocks.
RTTNews | 9h 27min ago
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