McKesson Earnings Are Imminent; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
McKesson Corporation (NYSE:MCK) is set to release its Q3 earnings on Feb. 7, 2024, with expectations of $7.05 EPS, up from $6.9 year-ago, and projected revenue of $77.86 billion. The company anticipates FY24 adjusted earnings of $26.80 to $27.40 per share. Shares slightly fell by 0.2% recently. Analysts from UBS, Mizuho, Morgan Stanley, Argus Research, and Credit Suisse have updated their ratings and price targets, generally showing optimism towards MCK's financial outlook.
February 07, 2024 | 3:04 pm
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McKesson is anticipated to report strong Q3 earnings with an EPS of $7.05 and revenue of $77.86 billion. Analysts have recently updated their ratings and price targets, showing a positive outlook.
The anticipation of strong Q3 earnings and positive adjustments in analyst ratings and price targets suggest a bullish outlook for MCK. The recent slight drop in share price may present a buying opportunity ahead of the earnings release, potentially leading to short-term price appreciation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100