Report
Vishnu Lekraj
EUR 147.86 For Business Accounts Only

Amerisource Reports a Mixed Fiscal Quarter; Firm Gives 2017 Guidance In Line With Our Expectations

Amerisource issued 2017 guidance and reported results that were in line with our expectations and we are reiterating our $101 fair value estimate. Unlike McKesson, Amerisource did not report any major surprises and kept its outlook steady. Adjusted revenue was up by a solid amount, but adjusted profit margins were down for the quarter. In addition, management guided profit margins to be marginally down for 2017. While these results reflect a pressured near-term operating environment, we are conf...
Underlying
AmerisourceBergen Corporation

AmerisourceBergen is a pharmaceutical sourcing and distribution services company. The company's Pharmaceutical Distribution Services reportable segment provides pharmaceutical distribution and additional services to physicians who focus on a variety of disease states, especially oncology, and to other healthcare providers, including hospitals and dialysis clinics. Additionally, this segment provides data analytics, outcomes research, and additional services for biotechnology and pharmaceutical manufacturers. This segment also provides pharmacy management, staffing and additional consulting services, and supply management software to a variety of retail and institutional healthcare providers.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Vishnu Lekraj

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