McKesson Reports Fiscal 2021 Third-Quarter Results
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McKesson (MCK) Tops Q3 EPS by 47c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus
February 2, 2021 7:02 AM ESTMcKesson (NYSE: MCK) reported Q3 EPS of $4.60, $0.47 better than the analyst estimate of $4.13. Revenue for the quarter came in at $62.6 billion versus the consensus estimate of $61.71 billion.
Total revenues of $62.6 billion, reflecting 6% growth.McKesson recorded a pre-tax charge of $8.1 billion related to opioid litigation, resulting in third-quarter Loss per diluted share of ($39.03).Adjusted Earnings per diluted share of $4.60, an increase of 21%.Board of Directors authorized an additional $2.0 billion share repurchase program.McKesson continued to demonstrate its operational... More
