AmerisourceBergen 3Q Earnings Pregame Scorecard
Last quarter AmerisourceBergen (NYSE:ABC) met Wall Street estimates, and it is scheduled to report again on Thursday.
Expectations
Analysts currently expect AmerisourceBergen to come in with earnings of 69 cents per share on revenues of $20.36 billion. Estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 71 cents.
Stock Movement
In terms of price changes, the stock's best recent streak was when it gained $2.14 per share between June 26, 2012 and July 2, 2012.
Company Fundamental Trends
Stock Ratings
Analysts are bullish on the stock as eight analysts rate it as a buy and there are no sell ratings. AmerisourceBergen's average analyst rating hasn't changed over the past three months.
Last Quarter's Results
In the second quarter, profit fell 1.1% to $212.1 million (81 cents a share) from $214.4 million (77 cents a share) the year earlier, meeting analyst expectations. Revenue rose 1.6% to $20.07 billion from $19.76 billion.
Summary
Reporting Period: 3Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: 69 cents
Revenue Estimate: $20.36 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)