McKesson (MCK) PT Lowered to $160 at Evercore ISI
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McKesson Reports Fiscal 2018 Fourth-Quarter and Full-Year Results
May 24, 2018 7:00 AM EDTRevenues of $51.6 billion for the fourth quarter and $208.4 billion for the full year. Fourth-quarter GAAP loss per diluted share from continuing operations of $(5.58) and full-year GAAP earnings per diluted share from continuing operations of $0.30. Fourth-quarter Adjusted Earnings per diluted share of $3.49 and full-year Adjusted Earnings per diluted share of $12.62. Fiscal 2018 cash flow from operations of $4.3 billion. The Board of Directors authorized an additional $4.0 billion share repurchase program. Fiscal 2019 Outlook: Adjusted Earnings of $13.00 to $13.80 per... More
