AmerisourceBergen Boosts FY22 Outlook; Declares Dividend - Update

RTTNews | hace 1016
AmerisourceBergen Boosts FY22 Outlook; Declares Dividend - Update

(RTTNews) - 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.

For fiscal 2022, the company now projects adjusted earnings in a range of $10.90 to $11.10 per share, up from the prior range of $10.80 to $11.05 per share.

On average, 15 analysts polled by Thomson Reuters expect the company to report earnings of $10.93 per share for the year. Analysts' estimates typically exclude special items.

The company's board of directors declared a quarterly cash dividend of $0.46 per common share, payable on August 29, 2022, to stockholders of record at the close of business on August 15, 2022.

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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 | hace 976
AmerisourceBergen Q3 Results Top Estimates

AmerisourceBergen Q3 Results Top Estimates

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.
RTTNews | hace 1016
New York Manufacturing Index Edges Modestly Lower In May

New York Manufacturing Index Edges Modestly Lower In May

A report released by the Federal Reserve Bank of New York said regional manufacturing activity continued to decline modestly in the month of May. The New York Fed said its general business conditions index edged down to a negative 9.2 in May from a negative 8.1 in April, with a negative reading indicating contraction. Economists had expected the index to dip to a negative 10.0.
RTTNews | hace 10 minutos
Philly Fed Index Jumps More Than Expected But Remains Negative In May

Philly Fed Index Jumps More Than Expected But Remains Negative In May

Philadelphia-area manufacturing activity remained weak in the month of May, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity jumped to a negative 4.0 in May from a negative 26.4 in April, but a negative reading still indicates contraction.
RTTNews | hace 1h 4min
U.S. Retail Sales Inch Up In Line With Estimates In April

U.S. Retail Sales Inch Up In Line With Estimates In April

A report released by the Commerce Department on Thursday showed a slight increase by U.S. retail sales in the month of April. The Commerce Department said retail sales crept up by 0.1 percent in April after surging by an upwardly revised 1.7 percent in March. Economists had expected retail sales to inch up by 0.1 percent compared to the 1.4 percent jump originally reported for the previous month.
RTTNews | hace 1h 19min
U.S. Producer Prices Unexpectedly Decrease In April

U.S. Producer Prices Unexpectedly Decrease In April

Producer prices in the U.S. unexpectedly decreased in the month of April, according to a report released by the Labor Department on Thursday. The Labor Department said its producer price index for final demand fell by 0.5 percent in April following a revised unchanged reading in March. Economists had expected producer prices to rise by 0.2 percent.
RTTNews | hace 1h 21min
Eurozone GDP Expands 0.3% In Q1; Employment Growth Improves

Eurozone GDP Expands 0.3% In Q1; Employment Growth Improves

Euro area economic growth accelerated less than estimated in the first quarter and employment logged a faster increase, flash estimate from Eurostat showed on Thursday. Gross domestic product expanded 0.3 percent on a quarterly basis, which was revised down from the 0.4 percent growth estimated on April 30. This followed the fourth quarter's 0.2 percent expansion.
RTTNews | hace 1h 23min