AmerisourceBergen Reports Fiscal 2018 Second Quarter Results

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Go back to AmerisourceBergen Reports Fiscal 2018 Second Quarter Results

AmerisourceBergen (ABC) PT Raised to $97 at Evercore ISI

May 2, 2018 10:18 AM EDT

Evercore ISI raised its price target on AmerisourceBergen (NYSE: ABC) to $97.00 (from $93.50) while maintaining an Outperform rating following results today.

What analsyt Ross Muken liked:

World Courier is continuing to benefit from strong execution with better than anticipated performance in the quarter... More

AmerisourceBergen (ABC) Tops Q2 EPS by 12c, Sees FY EPS at Bottom of Prior Range

May 2, 2018 6:31 AM EDT

AmerisourceBergen (NYSE: ABC) reported Q2 EPS of $1.94, $0.12 better than the analyst estimate of $1.82. Revenue for the quarter came in at $41 billion versus the consensus estimate of $40.55 billion.

GUIDANCE:

AmerisourceBergen sees FY2018 EPS of $6.45-$6.65, versus the consensus of... More