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.
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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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