McKesson Q3 2024 Adj EPS $7.74 Beats $7.05 Estimate, Sales $80.90B Beat $77.86B Estimate
Portfolio Pulse from Benzinga Newsdesk
McKesson reported Q3 2024 adjusted EPS of $7.74, surpassing the $7.05 estimate, with sales of $80.90B also beating the $77.86B estimate. This represents a 14.77% increase in sales compared to the same period last year.
February 07, 2024 | 9:09 pm
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POSITIVE IMPACT
McKesson's Q3 2024 earnings and sales exceeded analyst expectations, with a significant year-over-year sales increase.
Beating both EPS and sales estimates significantly, especially with a double-digit sales growth year-over-year, is a strong positive signal for investors. This performance could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100