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Baird Downgrades McKesson (MCK) to Neutral

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Leerink Partners Downgrades McKesson (MCK) to Market Perform

October 28, 2016 7:08 AM EDT

Leerink Partners downgraded McKesson (NYSE: MCK) from Outperform to Market Perform with a price target of $160.00.

Analyst David Larsen commented, "MCK reported F2Q:17 adjusted EPS of $2.94 (-11% y/y) which was well below Leerink/Consensus of $3.10/$3.04. Management also reduced F2017 EPS... More

McKesson (MCK) Misses Q2 EPS by 11c; Updates FY17 EPS Outlook

October 27, 2016 4:14 PM EDT

McKesson (NYSE: MCK) reported Q2 EPS of $2.94, $0.11 worse than the analyst estimate of $3.05. Revenue for the quarter came in at $50 billion versus the consensus estimate of $51.21 billion.

GUIDANCE:

McKesson sees FY2017 EPS of $12.35-$12.85, versus the consensus of $13.59.

For earnings history and earnings-related data on McKesson (MCK) click here.

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