McKesson (MCK) Tops Q4 EPS by 42c; Revises Outlook

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Go back to McKesson (MCK) Tops Q4 EPS by 42c; Revises Outlook

McKesson Reports Fiscal 2017 Fourth-Quarter and Full-Year Results

May 18, 2017 4:10 PM EDT

Revenues of $48.7 billion for the fourth quarter and $198.5 billion for the full year, up 4% year-over-year. Fourth-quarter GAAP earnings per diluted share from continuing operations of $16.79 and full-year GAAP earnings per diluted share from continuing operations of $23.28, up 137% year-over-year. GAAP earnings per diluted share from continuing operations for the fourth quarter and full year include a pre-tax net gain of $3.9 billion, or $14.10 and $13.53 per diluted share, respectively, related to the previously announced creation of the Change Healthcare joint venture. Excluding Cost Alignment Plan... More