AmerisourceBergen (ABC) Tops Q1 EPS by 8c; Raises Outlook

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AmerisourceBergen Reports First Quarter Fiscal Year 2017 Results

January 31, 2017 6:30 AM EST

Revenues of $38.2 Billion for the First Quarter, a 4 Percent Increase Year-Over-Year

First Quarter GAAP Diluted EPS of $1.11 and Adjusted Diluted EPS of $1.36

Adjusted Diluted EPS Guidance Raised to $5.72 to $5.92 for Fiscal Year 2017

VALLEY FORGE, Pa.--(BUSINESS WIRE)-- AmerisourceBergen Corporation (NYSE: ABC) today reported that in its fiscal year 2017 first quarter ended December 31, 2016, revenue increased 4 percent to $38.2 billion. On the basis of U.S. generally accepted accounting principles (GAAP), diluted earnings per share (EPS) was $1.11 for the December quarter of fiscal 2017, compared to... More