McKesson (MCK) Tops Q1 EPS by 48c, Revenues Beat; Raises FY20 EPS Guidance Above Consensus

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Go back to McKesson (MCK) Tops Q1 EPS by 48c, Revenues Beat; Raises FY20 EPS Guidance Above Consensus

McKesson Reports Fiscal 2021 First-Quarter Results

August 3, 2020 7:00 AM EDT

First-Quarter Highlights, Year-over-Year:

Total revenues of $55.7 billion, flat year-over-year. Earnings per diluted share increased 20% to $2.72. Adjusted Earnings per diluted share decreased 16% to $2.77. Board of Directors increased the quarterly dividend to 42 cents per share.

Fiscal 2021 Guidance:

Increased fiscal 2021 Adjusted Earnings per diluted share guidance range to $14.70 to $15.50, from the previous range of $13.95 to $14.75. McKesson continues to expect Adjusted Earnings per diluted share growth in the second half of fiscal 2021.

IRVING, Texas--(BUSINESS WIRE)-- McKesson Corporation (NYSE: MCK) today reported results for the first quarter ended June... More