AmerisourceBergen Corp. Q1 Earnings Climb 12%

(RTTNews) - AmerisourceBergen Corp. (ABC) announced a profit for its first quarter that gained ground from last year.

The company said its bottom line advanced to $292.01 million, or $1.27 per share. This was up from $260.42 million, or $1.14 per share, in last year's first quarter.

Analysts had expected the company to earn $1.25 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.3% to $36.71 billion. This was up from $33.59 billion last year.

AmerisourceBergen Corp. earnings at a glance:

-Earnings (Q1): $292.01 Mln. vs. $260.42 Mln. last year. -Earnings Growth (Y-o-Y): 12.1% -EPS (Q1): $1.27 vs. $1.14 last year. -EPS Growth (Y-o-Y): 11.4% -Analysts Estimate: $1.25 -Revenue (Q1): $36.71 Bln vs. $33.59 Bln last year. -Revenue Change (Y-o-Y): 9.3%

-Guidance: Full year EPS guidance: $5.73 to $5.83