01.11.2023 22:17:57 - dpa-AFX: McKesson Corp. Q2 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - McKesson Corp. (MCK) reported earnings for second
quarter that decreased from last year but beat the Street estimates.

The company's earnings totaled $664 million, or $4.92 per share. This compares
with $926 million, or $6.42 per share, in last year's second quarter.

Excluding items, McKesson Corp. reported adjusted earnings of $841 million or
$6.23 per share for the period.

Analysts on average had expected the company to earn $6.13 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 10.1% to $77.22 billion from $70.16
billion last year.

McKesson Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $664 Mln. vs. $926 Mln. last year.
-EPS (Q2): $4.92 vs. $6.42 last year.
-Analyst Estimates: $6.13
-Revenue (Q2): $77.22 Bln vs. $70.16 Bln last year.

-Guidance:
Full year EPS guidance: $26.80 to $27.40


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MCKESSON DL-,01 893953 Frankfurt 518,000 28.05.24 08:39:22 ±0,000 ±0,00% 0,000 0,000 518,000 518,000

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