Deutsche Bank Downgrades McKesson (MCK) to Hold
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/11/2026
- Wall Street ends down as US-Iran peace optimism fades
- S&P 500 EPS growth above 20% is rare. Why 2027 may be at risk
- Goldman Sachs warns AI investment may be crowding out other business spending
- Why Wednesday's inflation print could provide the next dovish catalyst
- Tesla needs Robotaxi flywheel proof to boost investor conviction: Morgan Stanley
- After-Hours Movers: CRWV, NBIS, SMCI, LITE, CAVA, HRB
- After-Hours Movers: P, RIOT, BW, RKLB, HIMS, UPWK
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
- After-Hours Stock Movers: WDC, SNDK, FIG, APP, HUBS, SOUN, DASH, XYZ, Z, FLNC
- After-Hours Movers: SPCX, AMD, ANET, PINS, APPS, UPST, ZETA, BKNG, LCID, CPNG, MTCH
McKesson Reports Fiscal 2017 Second-Quarter Results and Revised Fiscal 2017 Outlook
October 27, 2016 4:11 PM EDTRevenues of $50.0 billion for the second quarter, up 2% year-over-year. Second-quarter GAAP earnings per diluted share from continuing operations of $1.35, down 49% year-over-year. Excluding a goodwill impairment charge of $1.24 and Cost Alignment Plan credits of 2 cents from Adjusted Earnings, second-quarter results per diluted share of $2.94, down 7% year-over-year, compared to $3.17 in the prior year. Board of Directors authorized a new $4.0 billion share repurchase program. Revised Fiscal 2017 Outlook: GAAP earnings per diluted share from continuing operations of $8.95 to $9.80.... More
