McKesson (MCK) Misses Q4 EPS by 70c

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Go back to McKesson (MCK) Misses Q4 EPS by 70c

McKesson Reports Fiscal 2016 Fourth-Quarter and Full-Year Results

May 4, 2016 4:12 PM EDT

Revenues of $46.7 billion for the fourth quarter and $190.9 billion for the full year, up 7% year-over-year. Fourth-quarter GAAP earnings per diluted share from continuing operations of $1.97 and full-year GAAP earnings per diluted share from continuing operations of $9.84, up 31% year-over-year. Fourth-quarter Adjusted Earnings per diluted share of $2.44 and full-year Adjusted Earnings per diluted share of $12.08, up 9% year-over-year. Excluding Cost Alignment Plan charges of 73 cents and the previously-recorded gains on the sale of two businesses of 29 cents from Adjusted Earnings, full-year results per diluted share of $12.52, up 14% on a constant currency basis,... More