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AmerisourceBergen: Fiscal Q2 Earnings Snapshot

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.

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