McKesson: Fiscal Third Quarter Earnings Overview
McKesson Reports Strong Third-Quarter Financial Results
McKesson Corporation, headquartered in Irving, Texas, announced on Wednesday that it achieved a net profit of $1.19 billion for its fiscal third quarter.
The company revealed that its earnings translated to $9.59 per share. When excluding one-time gains, adjusted earnings were $9.34 per share.
These figures exceeded analysts’ expectations, as a consensus of seven analysts polled by Zacks Investment Research had predicted earnings of $9.31 per share.
During the quarter, McKesson generated $106.16 billion in revenue, outperforming the average analyst forecast of $105.66 billion, according to Zacks.
Looking ahead, McKesson projects its full-year earnings to fall between $38.80 and $39.20 per share.
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