logo
Plus   Neg
Share
Email

McKesson Corp. Updates FY19 Earnings Guidance - Quick Facts

McKesson Corp. (MCK) announced the company now expects adjusted earnings per diluted share of $13.45 to $13.65 for the fiscal year ending March 31, 2019, revised from the previous range of $13.20 to $13.80 per diluted share.

Third-quarter adjusted earnings per diluted share was $3.40, compared to $3.41 a year ago. Revenues were $56.2 billion, up 5% compared to $53.6 billion a year ago, and also up 5% on a constant currency basis.

The company's Board declared a regular dividend of thirty-nine cents per share of common stock. The dividend will be payable on April 1, 2019, to stockholders of record on March 1, 2019.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
SiriusXM launched a new subscription package exclusively for college students at a steep discount, just ahead of the fall semester. The satellite-radio giant introduced the "Student Premier" Package that provides students with all the content in SiriusXM's "Premier Streaming" package for $4 per month. This is a 69 percent discount from the regular price of $12.99 per month for Premier Streaming. Apple Inc. warned that its newly launched titanium Apple Card can be easily damaged if not stored properly. The company advised that the card must be kept away from fabrics like leather and denim as they can cause permanent discoloration. The tech giant has posted a support page that provides instructions to users on how to protect and maintain their Apple Card. Southwire Co. LLC recalled about 3000 units of Garvin pop-up electrical outlet floor box kits for concerns of fire hazard. The company said the electrical receptacles can overheat when in use. Southwire already received three reports of the floor boxes overheating. However, there have been no injuries reported so far.
Follow RTT