McKesson (MCK) Tops Q3 EPS by 5c, Offers FY16 & FY17 Guidance

McKesson (NYSE: MCK) reported Q3 EPS of $3.18, $0.05 better than the analyst estimate of $3.13. Revenue for the quarter came in at $47.9 billion versus the consensus estimate of $48.79 billion.

GUIDANCE:

McKesson sees FY2016 EPS of $12.60-$12.90, versus the consensus of $12.77.

• McKesson expects growth in Adjusted Earnings per diluted share for Fiscal 2017 to be between 3% and 8%, as reported, and between 7% and 12%, excluding 48 cents of gains on the disposition of two businesses and favorable discrete tax items in Fiscal 2016.

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

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