AmerisourceBergen Boosts FY22 Outlook; Declares Dividend - Update

RTTNews | 1499 days ago
Stocktwits
AmerisourceBergen Boosts FY22 Outlook; Declares Dividend - Update

(RTTNews) - While reporting financial results for the third quarter on Wednesday, AmerisourceBergen Corp. (ABC) raised its adjusted earnings guidance for the full-year 2022, driven by stronger than expected performance of several of its businesses and a lower average diluted share count.

For fiscal 2022, the company now projects adjusted earnings in a range of $10.90 to $11.10 per share, up from the prior range of $10.80 to $11.05 per share.

On average, 15 analysts polled by Thomson Reuters expect the company to report earnings of $10.93 per share for the year. Analysts' estimates typically exclude special items.

The company's board of directors declared a quarterly cash dividend of $0.46 per common share, payable on August 29, 2022, to stockholders of record at the close of business on August 15, 2022.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: ABC
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AmerisourceBergen To Buy Germany's PharmaLex Holding For EUR 1.28 Bln In Cash

AmerisourceBergen To Buy Germany's PharmaLex Holding For EUR 1.28 Bln In Cash

AmerisourceBergen Corp. (ABC) announced Monday that it has signed a definitive agreement to acquire Germany's PharmaLex Holding GmbH, a leading provider of specialized services for the life sciences industry, from funds advised by AUCTUS Capital Partners AG for 1.28 billion euros in cash, subject to certain customary adjustments.
RTTNews | 1459 days ago
AmerisourceBergen Q3 Results Top Estimates

AmerisourceBergen Q3 Results Top Estimates

AmerisourceBergen Corp. (ABC) on Wednesday reported that net income attributable to the company for the third quarter surged to $406.96 million or $1.92 per share from $292.12 million or $1.40 per share in the prior-year quarter.
RTTNews | 1499 days ago
No Help Yet For Hong Kong Stock Market

No Help Yet For Hong Kong Stock Market

The Hong Kong stock market has moved lower in three straight sessions, sliding more than 650 points or 2.6 percent along the way. The Hang Seg Index now sits just above the 24,950-point plateau and it's likely to extend its losses on Friday.
RTTNews | 7 minutes ago
Australian Market Sharply Lower

Australian Market Sharply Lower

The Australian stock market is trading sharply lower on Friday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,750 level, with weakness in mining and technology stocks partially offset by gains in financial and energy stocks.
RTTNews | 14 minutes ago
Soft Start Anticipated For China Stock Market

Soft Start Anticipated For China Stock Market

The China stock market on Thursday ended the three-day winning streak in which it had risen more than 20 points or 0.5 percent. The Shanghai Composite Index now sits just above the 3,930-point plateau and it's expected to see continued consolidation on Friday.
RTTNews | 22 minutes ago
Lower Open Called For Taiwan Stock Market

Lower Open Called For Taiwan Stock Market

The Taiwan stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had advanced almost 1,475 points or 3.5 percent. The Taiwan Stock Exchange now sits just above the 46,940-point plateau and it's looking at another soft start again on Friday.
RTTNews | 52 minutes ago
Singapore Stock Market May Open In The Red

Singapore Stock Market May Open In The Red

The Singapore stock market has finished lower in four straight sessions, slumping almost 110 points or 3.4 percent in that span. The Straits Times Index now sits just beneath the 5,690-point plateau and it figures to open in the red again on Friday.
RTTNews | 1h 22min ago
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