McKesson Sees FY24 Adj. EPS $26.55-$27.35 vs $26.63 Est., Revenue Growth 7-12%
Portfolio Pulse from Benzinga Newsdesk
McKesson Corporation has projected its adjusted earnings per share (EPS) for FY24 to be between $26.55 and $27.35, compared to the estimated $26.63. The company also expects its revenue growth to be between 7% and 12%.
August 04, 2023 | 12:20 pm
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POSITIVE IMPACT
McKesson's projected EPS for FY24 is higher than the estimated $26.63, which could positively impact its stock price. The expected revenue growth of 7-12% also indicates a positive outlook.
McKesson's higher than expected EPS forecast for FY24 indicates strong financial performance, which could attract investors and drive up the stock price. The projected revenue growth of 7-12% also suggests a positive future outlook, further boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100