McKesson Reports Fiscal 2019 First-Quarter Results

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McKesson (MCK) PT Lowered to $134 at Baird; Remains Sidelined

July 27, 2018 7:15 AM EDT

Baird lowered its price target on McKesson (NYSE: MCK) to $134.00 (from $141.00) while maintaining a Neutral rating. MCK claims in-line performance across all three segments. However, YY EBIT facts: U.S. +2% on easy/transitory prior-year comparison, EU -12%, Med-Surg flat, Other -8%. Three of... More

McKesson (MCK) Tops Q1 EPS by 2c, Revenues Miss; Offers FY19 EPS Outlook

July 26, 2018 7:20 AM EDT

McKesson (NYSE: MCK) reported Q1 EPS of $2.90, $0.02 better than the analyst estimate of $2.88. Revenue for the quarter came in at $52.6 billion versus the consensus estimate of $52.9 billion.

Revenues of $52.6 billion for the first quarter, up 3% year over year.First-quarter GAAP loss per diluted share from continuing... More