McKesson Q4 Profit Jumps to $1.68B, EPS Rises to $13.78 on 6% Revenue Growth
Summary
McKesson Corporation reported strong fourth-quarter results, with GAAP net income increasing to $1.68 billion, or $13.78 per share, compared to $1.26 billion, or $10.06 per share, in the prior year. Adjusted earnings also rose to $11.69 per share, while revenue grew 6.0% to $96.29 billion. This positive earnings report provides a solid close to the fiscal year and offers a current performance context to the recently issued adjusted EPS guidance for fiscal year 2027. The robust Q4 performance indicates strong operational execution and financial health, which is material for a company of McKesson's size. Traders will be evaluating these results in conjunction with the company's forward-looking guidance.
At the time of this announcement, MCK was trading at $752.00 on NYSE in the Life Sciences sector, with a market capitalization of approximately $92.4B. The 52-week trading range was $637.00 to $999.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.