VALLEY FORGE, Pa. -- Strong top- and bottom-line growth in the second quarter of fiscal 2010 led AmerisourceBergen to raise its earnings target for the year.
The company now forecasts diluted earnings per share for fiscal year 2010 to a range of $2.01 to $2.10, representing an increase of 19% to 24% over the $1.69 per share netted in fiscal 2009. Management's original forecast called for earnings of $1.89 to $1.98 per share. Analysts, on average, are looking for profits of $2.02 per share on revenue of $77.14 billion.
"Our assumption for revenue growth is unchanged at between 7% and 8%, which …
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