AmerisourceBergen Higher Ahead of Earnings

Published on Monday, 26 July 2010 10:09 Written by Danny Miller

New York, July 26th (TradersHuddle.com) - Shares of AmerisourceBergen Corporation (NYSE:ABC) are trading higher by +0.03% ahead of its quarterly earnings release. AmerisourceBergen , the pharmaceutical services company is expected to release its quarterly results on July 27^th.

Wall Street Analysts consensus calls for a profit of $0.49 a share on $19.34 billion revenue.

AmerisourceBergen estimates have a range of $0.09 a share. The high estimate calls for profit of $0.54 a share and the low estimate is calling for a profit of $0.45 a share, a year ago for the quarter the company reported $0.42 a share.

AmerisourceBergen Corporation (NYSE:ABC) is a pharmaceutical services company. The Company distributes pharmaceutical products and services. AmerisourceBergen distributes an offering of brand name and generic pharmaceuticals, over-the-counter healthcare products, and home healthcare supplies and equipment. AmerisourceBergen also provides pharmacy management, staffing and other consulting services.