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AmerisourceBergen Corp (ABC)

ABC on New York Consolidated

89.42USD
23 May 2017
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Thu, May 4 2017

Cost controls help drug wholesaler AmerisourceBergen's profit beat

AmerisourceBergen Corp's profit beat analysts' estimates as it reined in costs and the drug wholesaler raised the lower end of its earnings forecast for the fiscal year, allaying concerns that declining generic drug prices would hurt the pharma supply chain.

UPDATE 3-Cost controls help drug wholesaler AmerisourceBergen's profit beat

* Raised fiscal 2017 adjusted earnings to $5.77 to $5.92 per share

Drug wholesaler AmerisourceBergen profit falls 32 pct

May 4 Drug wholesaler AmerisourceBergen Corp's profit fell 32 percent, as operating expenses rose.

BRIEF-Amerisourcebergen reports new 5-year pharmaceutical supply agreement with Express Scripts

* Amerisourcebergen announces new five-year pharmaceutical supply agreement with express scripts

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