(Reuters) - CHICAGO, July 26 - AmerisourceBergen Corp. said on Thursday quarterly earnings rose 9 percent as gains in its drug distribution business offset weakness in its long-term care institutional pharmacy operations.
Fiscal third-quarter net income was $130 million, or 69 cents per share, up from $119 million, or 58 cents per share, a year earlier, the Valley Forge, Pennsylvania-based drug wholesaler and pharmacy services provider said. Excluding one-time items, AmerisourceBergen earned 60 cents a share. On that basis, analysts on average had forecast 62 cents a share, according to Reuters Estimates.
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Fiscal third-quarter net income was $130 million, or 69 cents per share, up from $119 million, or 58 cents per share, a year earlier, the Valley Forge, Pennsylvania-based drug wholesaler and pharmacy services provider said. Excluding one-time items, AmerisourceBergen earned 60 cents a share. On that basis, analysts on average had forecast 62 cents a share, according to Reuters Estimates.
Read more at Reuters.com Market News
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