McKesson (MCK) Tops Q2 EPS by 30c, Offers Guidance

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Go back to McKesson (MCK) Tops Q2 EPS by 30c, Offers Guidance

McKesson Reports Fiscal 2019 Second-Quarter Results

October 25, 2018 7:00 AM EDT

Revenues of $53.1 billion for the second quarter, up 2% year over year. Second-quarter GAAP earnings per diluted share from continuing operations of $2.51. Second-quarter Adjusted Earnings per diluted share of $3.60, up 10% year over year. Fiscal 2019 Outlook: Adjusted Earnings of $13.20 to $13.80 per diluted share. Previously announced multi-year strategic growth initiative operating model optimization anticipated to drive approximately $300 million to $400 million in annual savings by end of Fiscal 2021.

SAN FRANCISCO--(BUSINESS WIRE)-- McKesson Corporation... More