Investing.com - AmerisourceBergen (NYSE:ABC) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AmerisourceBergen announced earnings per share of $2.4 on revenue of $47.42B. Analysts polled by Investing.com anticipated EPS of $2.27 on revenue of $45.9B. That with comparison to EPS of $2.11 on revenue of $43.3B in the same period a year before.AmerisourceBergen had reported EPS of $1.76 on revenue of $47.86B in the previous quarter.Analysts are expecting EPS of $1.76 and revenue of $46.67B in the upcoming quarter.
AmerisourceBergen shares are down 0% from the beginning of the year and are trading at $85.50 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.21% year to date.
AmerisourceBergen follows other major Healthcare sector earnings this month
AmerisourceBergen's report follows an earnings beat by J&J on Tuesday, April 14, 2020, who reported EPS of $2.3 on revenue of $20.69B, compared to forecasts EPS of $2.02 on revenue of $19.73B.
Novartis ADR had beat expectations on Tuesday, April 28, 2020 with first quarter EPS of $1.56 on revenue of $12.28B, compared to forecast for EPS of $1.39 on revenue of $12B.
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