McKesson: Fiscal Q3 Earnings Snapshot

Associated Press Finance

02-06

IRVING, Texas (AP) — IRVING, Texas (AP) — McKesson Corp. (MCK) on Wednesday reported fiscal third-quarter earnings of $879 million.

The Irving, Texas-based company said it had profit of $6.95 per share. Earnings, adjusted for one-time gains and costs, came to $8.03 per share.

The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $8.04 per share.

The prescription drug distributor posted revenue of $95.29 billion in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $95.46 billion.

McKesson expects full-year earnings in the range of $32.55 to $32.95 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCK at https://www.zacks.com/ap/MCK

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(MCK) on Wednesday reported fiscal third-quarter earnings of $879 million.</p>\n<p>The Irving, Texas-based company said it had profit of $6.95 per share. Earnings, adjusted for one-time gains and costs, came to $8.03 per share.</p>\n<p>The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $8.04 per share.</p>\n<p>The prescription drug distributor posted revenue of $95.29 billion in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $95.46 billion.</p>\n<p>McKesson expects full-year earnings in the range of $32.55 to $32.95 per share.</p>\n<p>_____</p>\n<p>This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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(MCK) on Wednesday reported fiscal third-quarter earnings of $879 million.</p>\n<p>The Irving, Texas-based company said it had profit of $6.95 per share. Earnings, adjusted for one-time gains and costs, came to $8.03 per share.</p>\n<p>The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $8.04 per share.</p>\n<p>The prescription drug distributor posted revenue of $95.29 billion in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $95.46 billion.</p>\n<p>McKesson expects full-year earnings in the range of $32.55 to $32.95 per share.</p>\n<p>_____</p>\n<p>This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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Earnings, adjusted for one-time gains and costs, came to $8.03 per share.\nThe results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $8.04 per share.\nThe prescription drug distributor posted revenue of $95.29 billion in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $95.46 billion.\nMcKesson expects full-year earnings in the range of $32.55 to $32.95 per share.\n_____\nThis story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCK at https://www.zacks.com/ap/MCK","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}