AmerisourceBergen Reports Second Quarter Fiscal Year 2016 Results

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Avondale Partners Downgrades AmerisourceBergen (ABC) to Market Perform

May 5, 2016 11:16 AM EDT

Avondale Partners downgraded AmerisourceBergen (NYSE: ABC) from Market Outperform to Market Perform.

For an analyst ratings summary and ratings history on AmerisourceBergen click here. For more ratings news on AmerisourceBergen click here.

Shares of AmerisourceBergen closed at $84.29 yesterday.

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AmerisourceBergen (ABC) Tops Q2 EPS by 9c, $750M Buyback; Lower Outlook

May 5, 2016 6:49 AM EDT

AmerisourceBergen (NYSE: ABC) reported Q2 EPS of $1.68, $0.09 better than the analyst estimate of $1.59. Revenue for the quarter came in at $35.7 billion versus the consensus estimate of $35.82 billion.

The Company also announced that its board of directors authorized a new regular share repurchase program which, together with available... More