AmerisourceBergen Earnings Outlook

On Wednesday, AmerisourceBergen ABC will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Based on AmerisourceBergen management projections, analysts predict EPS of $1.82 on revenue of $40.55 billion.

AmerisourceBergen EPS in the same period a year ago totaled $1.77. Sales were $37.14 billion. Sales would be have grown 9.16 percent from the same quarter last year. Here's how the AmerisourceBergen's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 10.4 percent. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on AmerisourceBergen stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.

Conference Call

AmerisourceBergen is scheduled to hold a conference call at 8:30 a.m. ET and it can be accessed here.