AmerisourceBergen Q4 Results Top Estimates; Declares Dividend - Update

RTTNews | 1030 दिनों पहले

(RTTNews) - While reporting financial results for the fourth quarter on Thursday, AmerisourceBergen Corp. (ABC) initiated its adjusted earnings and revenue growth guidance for the full-year 2023.

For fiscal 2022, the company now projects adjusted earnings in a range of $11.30 to $11.60 per share on revenue growth of 5 to 7 percent or 6 to 8 percent on a constant currency basis.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $11.45 per share on revenue growth of 4.4 percent to $248.28 billion for the year. Analysts' estimates typically exclude special items.

The company's board of directors declared a higher quarterly dividend of $0.485 per common share, payable on November 28, 2022, to stockholders of record at the close of business on November 14, 2022.

For the fourth quarter, net income attributable to the company declined to $294.74 million or $1.40 per share from $437.70 million or $2.08 per share in the prior-year quarter.

Excluding items, adjusted net income for the quarter were $2.60 per share, compared to $2.39 per share in the year-ago quarter.

Total revenue for the quarter increased 3.8 percent to $61.17 billion from $58.91 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $2.57 per share on revenues of $60.54 billion for the quarter. Analysts' estimates typically exclude special items.

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

टैग: ABC

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 | 1082 दिनों पहले

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 | 1122 दिनों पहले

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 | 1122 दिनों पहले

U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August

The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.

RTTNews | 30 मिनटों पहले

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.

RTTNews | 49 मिनटों पहले

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

RTTNews | 1घंटे 32 मिनट पहले

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1

RTTNews | 2घंटे 2 मिनट पहले

U.S. PCE Price Index Increased In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.

RTTNews | 2घंटे 14 मिनट पहले

EURUSD	1.16954	GBPUSD	1.35009	AUDUSD	0.6543
USDJPY	146.835	USDCAD	1.37334	USDCHF	0.79929