AmerisourceBergen Corp. Q2 adjusted earnings Beat Estimates

(RTTNews) - AmerisourceBergen Corp. (ABC) released earnings for second quarter that decreased from the same period last year.

The company's bottom line came in at $27.14 million, or $0.13 per share. This compares with $287.46 million, or $1.29 per share, in last year's second quarter.

Excluding items, AmerisourceBergen Corp. reported adjusted earnings of $449.35 million or $2.11 per share for the period.

Analysts had expected the company to earn $1.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.6% to $43.32 billion from $41.03 billion last year.

AmerisourceBergen Corp. earnings at a glance:

-Earnings (Q2): $449.35 Mln. vs. $431.87 Mln. last year. -EPS (Q2): $2.11 vs. $1.94 last year. -Analysts Estimate: $1.95 -Revenue (Q2): $43.32 Bln vs. $41.03 Bln last year.

-Guidance: Full year EPS guidance: $6.70 to $6.90