AmerisourceBergen Reports First Quarter Fiscal Year 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
UBS Cuts Price Target as AmerisourceBergen (ABC) Expects a Tough March Quarter
February 5, 2016 9:27 AM ESTUBS maintained a Buy rating on AmerisourceBergen (NYSE: ABC), and cut the price target to $110.00 (from $122.00), following the company's 1Q earnings report. On generic pricing, management seemed to agree that the March qtr of 2016 will be another tough comparison y-o-y, but that the comps start getting... More
AmerisourceBergen (ABC) Tops Q1 EPS by 2c, Updates FY EPS Guidance
February 4, 2016 7:09 AM ESTAmerisourceBergen (NYSE: ABC) reported Q1 EPS of $1.27, $0.02 better than the analyst estimate of $1.25. Revenue for the quarter came in at $36.7 billion versus the consensus estimate of $36.86 billion.
GUIDANCE:
AmerisourceBergen sees FY2016 EPS of $5.73-$5.83, versus the consensus of $5.83.
This morning, we announced that we signed a distribution agreement with a new customer, Publix, the impact of which was... More
