AmerisourceBergen Corp. (ABC) said its fourth-quarter net income rose to $130.15 million or $0.44 per share from $114.91 million or $0.36 per share in the prior year quarter. Income from continuing operations for the recent quarter grew to $130.15 million from $115.06 million in the year earlier period.
On average, 16 analysts polled by Thomson Reuters expected earnings per share of $0.40 for the quarter. Analysts' estimate typically excludes one-time items.
Total revenue for the fourth quarter of 2009 increased 9% to $18.72 billion from $17.16 billion in the comparable period. Thirteen analysts estimated revenues of $18.06 billion for the quarter.
For the fiscal year 2010, the company expects earnings per share in the range of $1.82 - $1.92. Seventeen analysts estimate fiscal 2010 earnings per share of $1.84. Subject to the approval of the company's board and market conditions, AmerisourceBergen expects to spend about $350 million to repurchase its common shares in fiscal year 2010.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.