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McKesson Corp reports results for the quarter ended June 30 - Earnings Summary

McKesson Corp MCK.N reported quarterly adjusted earnings of $8.26​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $7.88.  The mean expectation of fourteen analysts for the quarter was for earnings of $8.15 per share. Wall Street expected results to range from $7.78  to $8.49 per share.

Revenue rose 23.4% to $97.83 billion from a year ago; analysts expected $96.08 billion.

McKesson Corp's reported EPS for the quarter was $6.25​.

The company reported quarterly net income of $784 million.

McKesson Corp shares had fallen by 3.2% this quarter and gained 24.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2% in the last three months.​

In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the pharmaceuticals peer group is also "buy"

Wall Street's median 12-month price target for McKesson Corp is $800.00, about 12% above its last closing price of $703.76

This summary was machine generated from LSEG data August 6 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20258.158.26Beat
Mar. 31 20259.8210.12Beat
Dec. 31 20247.998.03Beat
Sep. 30 20246.887.07Beat

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