02.08.2023 12:58:52 - dpa-AFX: AmerisourceBergen Raises FY23 Outlook

WASHINGTON (dpa-AFX) - AmerisourceBergen Corp. (ABC) raised fiscal 2023
adjusted EPS guidance to a range of $11.85 to $11.95, from the previous range of
$11.70 to $11.90. The company now expects revenue growth to be at least 8
percent, up from the previous range of 6 to 8 percent. Adjusted free cash flow
is projected to be at least $2 billion, revised from the previous guidance of
approximately $2 billion.

Third quarter GAAP earnings was $479.58 million, or $2.35 per share compared
with $406.96 million, or $1.92 per share, prior year. Adjusted EPS increased
11.5 percent to $2.92 from $2.62. Analysts on average had expected the company
to earn $2.82 per share, according to figures compiled by Thomson Reuters.
Analysts' estimates typically exclude special items.

Third quarter revenue increased 11.5 percent year-over-year to $66.9 billion,
reflecting a 12.2 percent increase in revenue within U.S. Healthcare Solutions
and a 5.6 percent increase in revenue within International Healthcare Solutions.

The company's Board declared a quarterly cash dividend of $0.485 per common
share, payable August 28, 2023, to stockholders of record at the close of
business on August 11, 2023.

Effective August 30, 2023, AmerisourceBergen will begin operating as Cencora and
will begin trading on the NYSE under the ticker symbol, COR.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CENCORA DL-,01 766149 Frankfurt 206,000 10.05.24 08:07:56 -0,300 -0,15% 206,100 210,300 206,000 206,300

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