Earnings Preview: McKesson
Portfolio Pulse from Benzinga Insights
McKesson (NYSE:MCK) is scheduled to release its quarterly earnings report on February 7, 2024, with analysts expecting an EPS of $7.05. The company's past earnings performance shows a mix of beats and misses, with the stock price reacting variably. Shares have risen 38.52% over the last 52 weeks, trading at $507.94 as of February 2. Investors are advised to pay attention to the earnings report and especially the company's guidance for future growth.
February 06, 2024 | 2:02 pm
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McKesson is expected to report an EPS of $7.05 for the upcoming quarter. Historical performance shows variability in stock price reaction to earnings reports. The stock has seen a significant increase over the past year.
Given McKesson's past earnings performance and the positive trend in its stock price over the last year, the upcoming earnings report could potentially lead to a positive short-term impact on the stock price, especially if the company beats the EPS estimate and provides favorable guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100