ABC News and Press, AmerisourceBergen Corporation From 05/12/22

AmerisourceBergen (NYSE:ABC) said Thursday it will resume share repurchases with excess free cash flow. ABC is on track to pay down $2B in debt by Mar. 2023, prior to completing 2 years of its Alliance Healthcare acquisition. ABC stock extended losses to slide ~9% premarket on Thurs...

Resuming share repurchases with excess free cash flow Remains committed to investment grade credit ratings AmerisourceBergen Corporation (NYSE: ABC) today announced that it is resuming share repurchases with excess free cash flow in accordance with the company’...

Walgreens Boots Alliance (NASDAQ:WBA) said Wednesday it sold 6M shares of AmerisourceBergen (ABC) at $150/share, a 7% discount to ABC's last close. The news dragged ABC stock down 6.4% in aftermarket trade. WBA now owns ~25.2% in ABC, down from its earlier stake of ~28.1%. The sale has n...

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Champion, Contender, An...

AmerisourceBergen Corporation (ABC) Q2 2022 Earnings Conference Call May 04, 2022 08:30 AM ET Company Participants Bennett Murphy - Senior Vice President-Investor Relations Steve Collis - Chairman, President & Chief Executive Officer Jim Cleary - Executive Vice President & Chief Finan...

The number of stocks dropped from BofA's quantmental Alpha Surprise Portfolio dwarfed the number of new entrants in April. The portfolio return was -6.8% for the month, outperforming the S&P 500 (SP500) (SPY), -8.8%, but trailing the equal weight S&P 500 (RSP), -6.4% for the month. Th...

AmerisourceBergen press release (NYSE:ABC): FQ2 Non-GAAP EPS of $3.22 beats by $0.30. Revenue of $57.72B (+17.4% Y/Y) beats by $460M. 2022 Outlook: Adjusted Diluted Earnings Per Share to be in the range of $10.80 to $11.05, raised from the previous range of $10.60 to $10.90. Adjusted ope...

Revenues of $57.7 billion for the Second Quarter, a 17.4 Percent Increase Year-Over-Year Second Quarter GAAP Diluted EPS of $2.59 and Adjusted Diluted EPS of $3.22 Adjusted Diluted EPS Guidance Range Raised to $10.80 to $11.05 for Fiscal 2022 AmerisourceBerge...

AmerisourceBergen (NYSE:ABC) is scheduled to announce FQ2 earnings results on Wednesday, May 4th, before market open. The consensus EPS Estimate is $2.92 (+15.4% Y/Y) and the consensus Revenue Estimate is $57.26B (+16.5% Y/Y). Over the last 2 years, ABC has beaten EPS estimates 100% of the ti...

Walgreens has been simplifying and transforming its business at the same time. The company has a massive job to do, and is still full in its transition. Valuations are non-demanding, based on adjusted earnings, as I see value but lack conviction to initiate a large position. ...