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

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

McKesson Reports Fiscal 2016 Second-Quarter Results

October 29, 2015 7:30 AM EDT

Revenues of $48.8 billion for the second quarter, up 10%. Second-quarter GAAP earnings per diluted share from continuing operations of $2.65, up 29%. Second-quarter Adjusted Earnings per diluted share of $3.31, up 19%. Consolidated results include a pre-tax gain of $51 million, or 14 cents per diluted share, from the sale of our ZEE Medical business. Board of Directors authorized a new $2 billion share repurchase program. Fiscal 2016 Outlook: Adjusted Earnings per diluted share of $12.50 to $13.00.

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