ABC News and Press, AmerisourceBergen Corporation From 08/03/22

AmerisourceBergen press release ( NYSE: ABC ): FQ3 Non-GAAP EPS of $2.62 beats by $0.06 . Revenue of $60.06B (+12.5% Y/Y) beats by $1.03B . Adjusted diluted EPS guidance has been raised from the previous range of $10.80 to $11.05 to a range of $10.90 to $11.10 ...

Revenues of $60.1 billion for the Third Quarter, a 12.5 Percent Increase Year-Over-Year Third Quarter GAAP Diluted EPS of $1.92 and Adjusted Diluted EPS of $2.62 Adjusted Diluted EPS Guidance Range Raised to $10.90 to $11.10 for Fiscal 2022 AmerisourceBergen Corp...

AmerisourceBergen ( NYSE: ABC ) is scheduled to announce Q3 earnings results on Wednesday, August 3rd, before market open. The consensus EPS Estimate is $2.56 (+18.5% Y/Y) and the consensus Revenue Estimate is $59.03B (+10.5% Y/Y). Over the last 2 years, ABC has beat...

Three leading drug distributors in the U.S., McKesson ( MCK ), AmerisourceBergen ( ABC ), and Cardinal Health ( NYSE: CAH ), have struck a $400M settlement with West Virginia's cities and counties over the companies’ role in the opioid crisis, the state’s...

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Teva Pharmaceutical Industries ( NYSE: TEVA ) has reached a tentative agreement with U.S. states and Native American tribes that resolves claims related to the Israeli pharma's role in the U.S. opioid crisis. Under the proposed settlement , states would receive $4.25B ...

Although the healthcare sector has largely resisted this year's downward pressure, it is likely to succumb as pressure increases. Healthcare stocks have a well-deserved reputation for cyclical defense, but they are more likely to underperform in "secular" bear markets. Healthcare ...

Biotechnology/Pharmaceuticals and Healthcare providers are undervalued relative to historical averages. Healthcare equipment is the most overvalued subsector. Fast facts on IYH. This monthly article series shows a dashboard with aggregate industry metrics in healthcare. ...

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Evercore ISI has downgraded AmerisourceBergen ( NYSE: ABC ) to in line from outperform citing valuation, concerns on future operating performance, and Walgreens Boots Alliance's ( WBA ) May sale of 6M AmerisourceBergen shares. The firm also lowered its price target to ...