McKesson (MCK) Tops Q1 EPS by 17c, Offers FY Guidance
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McKesson Reports Fiscal 2017 First-Quarter Results
July 27, 2016 4:10 PM EDTRevenues of $49.7 billion for the first quarter, up 5% year-over-year. First-quarter GAAP earnings per diluted share from continuing operations of $2.88, up 15% year-over-year. Excluding Cost Alignment Plan charges of 2 cents from Adjusted Earnings, first-quarter results per diluted share of $3.53, up 18% on a constant currency basis, year-over-year. Fiscal 2017 Outlook: GAAP earnings per diluted share from continuing operations of $10.70 to $11.60. Fiscal 2017 Outlook: $13.43 to $13.93 per diluted share, which excludes approximately 12 to 15 cents in expected charges to Adjusted Earnings for the Cost Alignment... More
