CHESTERBROOK, Pa. (AP) _ AmerisourceBergen Corp. (ABC) on Wednesday reported fiscal second-quarter net income of $435.3 million.
The Chesterbrook, Pennsylvania-based company said it had net income of $2.10 per share. Earnings, adjusted for one-time gains and costs, came to $2.53 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.51 per share.
The prescription drug distributor posted revenue of $49.15 billion in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $49.94 billion.
AmerisourceBergen expects full-year earnings in the range of $8.45 to $8.60 per share.
AmerisourceBergen shares have increased 29% since the beginning of the year, while the S&P’s 500 index has risen 11%. The stock has risen 46% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ABC at https://www.zacks.com/ap/ABC
∎
نظر شما