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AmerisourceBergen (ABC) Q2 Earnings Beat, Revenues Miss

AmerisourceBergen Corporation ABC delivered second-quarter fiscal 2019 adjusted earnings per share (EPS) of $2.11 surpassing the Zacks Consensus Estimate of $1.96 by 7.7%, maintaining its streak of positive earnings surprises. The figure also improved 8.8% year over year.  
 

The better-than-expected bottom-line performance can be attributed to increase in adjusted operating income and lower share count. 
 

Revenues improved 5.6% to $43.32 billion in the reported quarter. However, the figure missed the Zacks Consensus Estimate of $43.58 billion by 0.6%. 

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https://finance.yahoo.com/news/amerisour...01072.html

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