McKesson Reports Fiscal 2016 Second-Quarter Results

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McKesson (MCK) Tops Q2 EPS Views; Approves New $2B Buyback Plan

October 29, 2015 7:31 AM EDT

(Updated - October 29, 2015 7:45 AM EDT)

McKesson (NYSE: MCK) reported Q2 EPS of $3.31, $0.29 better than the analyst estimate of $3.02. Revenue for the quarter came in at $48.6 billion versus the consensus estimate of $47.85 billion.

McKesson's Board of Directors also authorized a new $2 billion common stock buyback plan... More