Friday, May 6, 2016

AmerisourceBergen Corp. (ABC) Dropped To A New Low After Guidance Slashed

AmerisourceBergen Corp. (ABC) reported second quarter EPS of $1.68 Thursday morning, up from $1.45 last year. Analysts expected EPS of $1.59. The company lowered its full year 2016 adjusted EPS forecast to between $5.44 and $5.54, from prior expectations of $5.73 to $5.83. The consensus estimate is for EPS of $5.78.

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