AmerisourceBergen: Fiscal Q2 Earnings Snapshot
By AP News
Published - May 02, 2023, 06:51 AM ET
Last Updated - Jun 22, 2023, 12:07 AM EDT
CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — AmerisourceBergen Corp. (ABC) on Tuesday reported fiscal second-quarter earnings of $435.4 million.
The Conshohocken, Pennsylvania-based company said it had profit of $2.13 per share. Earnings, adjusted for costs related to mergers and acquisitions and restructuring costs, were $3.50 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.29 per share.
The prescription drug distributor posted revenue of $63.46 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $60.81 billion.