McKesson Q1 Adj. EPS $7.27 Beats $5.87 Estimate, Sales $74.48B Beat $70.28B Estimate
Portfolio Pulse from Benzinga Newsdesk
McKesson Corporation reported Q1 earnings of $7.27 per share, beating the analyst consensus estimate of $5.87 by 23.85%. This is a 24.7% increase from the same period last year. The company also reported quarterly sales of $74.48 billion, beating the analyst consensus estimate of $70.28 billion by 5.98%. This is a 10.91% increase from the same period last year.
August 04, 2023 | 12:18 pm
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POSITIVE IMPACT
McKesson's Q1 earnings and sales exceeded analyst estimates, indicating strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
McKesson's Q1 earnings and sales have significantly exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The reported figures also show a substantial increase from the same period last year, further indicating strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100