On May, 1 WallStreet expected AmerisourceBergen Corporation (NYSE:ABC)’s earnings release, according to Faxor. earnings per share of $1.98 is 2.06 % up from 2018’s $1.94 EPS. If ABC’s EPS is $1.98 the profit will be $417.96 million for 10.04 P/E. Last quarter $1.60 earnings per share was reported. Analysts predicts 23.75 % EPS growth this quarter. Ticker’s shares touched $79.52 during the last trading session after 2.09% change.Currently AmerisourceBergen Corporation is downtrending after 13.74% change in last April 1, 2018. ABC has 1.25 million shares volume. The stock underperformed the S&P 500 by 18.11%.

AmerisourceBergen Corporation (NYSE:ABC) Ratings Coverage

A total of 3 analysts rate AmerisourceBergen (NYSE:ABC) as follows: 1 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 33% are bullish. (NYSE:ABC) has 4 ratings reports on Apr 1, 2019 according to StockzIntelligence. On Friday, November 30 RBC Capital Markets maintained the shares of ABC in report with “Sector Perform” rating. On Monday, December 3 the stock has “Equal-Weight” rating by Morgan Stanley.

AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally.The firm is worth $16.79 billion. The Company’s Pharmaceutical Distribution segment distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, outsourced compounded sterile preparations, and related services to various healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and other alternate site pharmacies, and other customers.14.59 is the P/E ratio. It also provides pharmacy management, staffing, and other consulting services; supply management software to retail and institutional healthcare providers; and packaging solutions to various institutional and retail healthcare providers.

A couple more AmerisourceBergen Corporation (NYSE:ABC) news were announced by: Gurufocus.com which released on March 27, 2019 “Insurance Companies Benefit the Most From Rising Insulin Prices – GuruFocus.com”, also Seekingalpha.com on March 04, 2019 announced “Potential Purdue bankruptcy weighs on drug wholesalers – Seeking Alpha”, the next Globenewswire.com is “Recent Analysis Shows Golar LNG, AG Mortgage Investment Trust, AmerisourceBergen, Caesarstone, Dycom Industries, and Supernus Pharmaceuticals Market Influences — Renewed Outlook, Key Drivers of Growth – GlobeNewswire” on March 07, 2019. Seekingalpha.com has article titled “DOJ moves to strike down entire ACA – Seeking Alpha”.