McKesson (MCK) Tops Q3 EPS by 11c, Updates FY17 Guidance

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Go back to McKesson (MCK) Tops Q3 EPS by 11c, Updates FY17 Guidance

McKesson Reports Fiscal 2017 Third-Quarter Results

January 25, 2017 4:10 PM EST

Revenues of $50.1 billion for the third quarter, up 5% year-over-year. Third-quarter GAAP earnings per diluted share from continuing operations of $2.86, up 6% year-over-year. Excluding Cost Alignment Plan charges of two cents from Adjusted Earnings, third-quarter results per diluted share of $3.05, down 4% compared to $3.18 in the prior year. Fiscal 2017 Outlook: GAAP earnings per diluted share from continuing operations of $9.80 to $10.30. Fiscal 2017 Outlook: $12.60 to $12.90 per diluted share, which excludes approximately $1.28 to $1.30 in charges to Adjusted Earnings related to a goodwill impairment and the Cost... More