McKesson Corp. (MCK) revealed a profit for its second quarter that Increased from last year and beat the Street estimates.
The company's earnings totaled $1.110 billion, or $8.92 per share. This compares with $241 million, or $1.87 per share, last year.
Excluding items, McKesson Corp. reported adjusted earnings of $1.227 billion or $9.86 per share for the period.
Analysts on average had expected the company to earn $9.05 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 10.1% to $103.150 billion from $93.651 billion last year.
McKesson Corp. earnings at a glance (GAAP) :
-Earnings: $1.110 Bln. vs. $241 Mln. last year.-EPS: $8.92 vs. $1.87 last year.-Revenue: $103.150 Bln vs. $93.651 Bln last year.
-Guidance:Full year EPS guidance: $38.35 to $38.85
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.