It's an earnings avalanche for local companies this Tuesday.
AmerisourceBergen eked out higher revenues and net income for its fourth quarter ended Sept. 30. Still with earnings per share of 54 cents for Q4, the company apparently missed analyst estimates of 56 cents, according to Bloomberg News.
For the year, the drug wholesaler had revenue of $80.2 billion -- almost oil company-like. Its net income for fiscal year 2011 was $706.6M, or $2.54 per share. The Valley Forge company also forecast FY2012 EPS to range from $2.74 to $2.84 on "flat to modest revenue growth."
Malvern-based Vishay Intertechnology noted "an unexpected drop in demand" from customers of its semiconductors and other electronic components. Revenues for the quarter ended Oct. 1 slipped to $637.6M, from $694.4M for Q3 2010. Net earnings fell to $50.7M, or 31 cents per share, from $90.2M, or 47 cents per share.