AmerisourceBergen Q3 Adj. EPS Beats Estimates - Quick Facts

(RTTNews) - AmerisourceBergen Corp. (ABC) reported a third-quarter net income of $214.2 million or $0.89 per share, compared to loss of $12.8 million or $0.06 per share, prior year.

Adjusted earnings per share for the latest third quarter were $1.20, compared with $1.01 per share in the comparable quarter last year. On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $1.15 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $34.23 billion from $30.35 billion last year, while 14 analysts expected revenue of $33.97 billion for the quarter.

For fiscal 2015, the company now expects adjusted earnings per share from continuing operations in the range of $4.92 to $4.97, up from its previous range of $4.85 to $4.95. The company continues to expect revenue growth in the range of 12 percent to 13 percent.

Analysts expect the company to report fiscal 2015 earnings per share of $4.93.