AmerisourceBergen (ABC) Q1 Earnings Beat, Revenues Lag
AmerisourceBergen Corporation ABC posted earnings (excluding one-time items) of $1.36 per share in the first quarter of fiscal 2017 (ended Dec 31, 2016), beating the Zacks Consensus Estimate of $1.24 and increasing from $1.27 earned in the year-ago quarter. Moreover, revenues improved 4.0% to $38.2 billion in the reported quarter. However, reported revenues were below the Zacks Consensus Estimate of $39.1 billion. […]