AmerisourceBergen backs profit, revenue forecasts

NEW YORK (AP) -- Prescription drug distributor AmerisourceBergen Corp. backed its fiscal-year profit and revenue forecasts on Wednesday.

The Valley Forge, Pa., company said it still expects a profit of $2.74 to $2.84 per share in the fiscal year ending Sept. 30. It forecast "flat to modest revenue growth" from the $80.22 billion in revenue it reported in the previous fiscal year.

Analysts expect AmerisourceBergen to report a profit of $2.81 per share and $80.67 billion in revenue, according to FactSet.

Shares of AmerisourceBergen fell 29 cents to end Wednesday at $35.57 Wednesday.