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McKesson Turns To Profit In Q3 - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

McKesson Corp. (MCK) reported net income of $326 million or $1.19 per share for the third quarter, compared to a loss of $20 million or $0.07 per share in the prior year quarter.

Excluding litigation charge, net income was $291 million or $1.05 per share for the third quarter of 2008.

Revenues for the third quarter increased 4% to $28.3 billion from $27.1 billion a year ago.

Analysts polled by Thomson Reuters expected the company to report earnings of $1.19 share on revenue of $27.67 billion for the quarter. Analysts' estimates typically exclude special items.

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