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

US Bancorp (USB) reports lower adj. earnings for Q2; revenue drops

Financial services company U.S. Bancorp (NYSE: USB) on Wednesday announced operating results for the second quarter of 2024, reporting a decline in revenues and adjusted net income. Total net revenue

Johnson & Johnson (JNJ) Q2 2024 Earnings: Key financials and quarterly highlights

Johnson & Johnson (NYSE: JNJ) reported its second quarter 2024 earnings results today. Reported sales increased 4.3% year-over-year to $22.4 billion. Operational sales growth was 6.6%. Net income decreased 12.8% to

What to look for when Coca-Cola Company (KO) reports Q2 results

The Coca-Cola Company (NYSE: KO) is all set to unveil its second-quarter 2024 financial results next week. Over the years, it has constantly innovated its portfolio and expanded far beyond

Add Comment
Viewing Highlight