Categories Analysis, Health Care

AmerisourceBergen Corporation (ABC) Q3 2023 Earnings Summary

AmerisourceBergen Corporation (NYSE: ABC) reported third quarter 2023 earnings results today.

Revenue increased 11.5% year-over-year to $66.9 billion.

Net income attributable to AmerisourceBergen Corporation rose 17.8% to $479.5 million while EPS increased 22.4% to $2.35.

Adjusted EPS increased 11.5% to $2.92.

US Healthcare Solutions revenue was $59.9 billion, up 12.2% YoY.  

International Healthcare Solutions revenue was $7 billion, up 5.6% YoY.

FY2023 adjusted revenue is expected to grow at least 8%.

FY2023 adjusted EPS is expected to be $11.85-11.95.

In January, the company announced its intent to change its name. Effective August 30, 2023, the company will begin operating as Cencora and will begin trading on the New York Stock Exchange under the ticker symbol “COR”.

Most Popular

AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%

Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues

Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect

Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for

eBay (EBAY): A look at how the ecommerce company fared in Q1 2024

Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top