07.05.2024 22:17:58 - dpa-AFX: McKesson Corp. Q4 Profit Increases, but misses estimates

WASHINGTON (dpa-AFX) - McKesson Corp. (MCK) revealed a profit for its fourth
quarter that increased from last year but missed the Street estimates.

The company's bottom line totaled $791 million, or $6.02 per share. This
compares with $787 million, or $5.71 per share, in last year's fourth quarter.

Excluding items, McKesson Corp. reported adjusted earnings of $813 million or
$6.18 per share for the period.

Analysts on average had expected the company to earn $6.34 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 10.8% to $76.36 billion from $68.91
billion last year.

McKesson Corp. earnings at a glance (GAAP) :

-Earnings (Q4): $791 Mln. vs. $787 Mln. last year.
-EPS (Q4): $6.02 vs. $5.71 last year.
-Revenue (Q4): $76.36 Bln vs. $68.91 Bln last year.


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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 27.05.24 15:18:56 +3,200 +0,62% 0,000 0,000 515,600 518,000

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