McKesson Q4 2024 Adj EPS $6.18 Misses $6.34 Estimate, Sales $76.40B Miss $79.32B Estimate
Portfolio Pulse from Benzinga Newsdesk
McKesson reported Q4 2024 adjusted EPS of $6.18, missing the $6.34 estimate, and sales of $76.40B, below the $79.32B estimate. This represents a 10.87% increase in sales compared to the same period last year.

May 07, 2024 | 8:11 pm
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NEGATIVE IMPACT
McKesson's Q4 2024 earnings and sales missed estimates, with adjusted EPS at $6.18 and sales at $76.40B, indicating a potential short-term negative impact on its stock price.
Missing both earnings and sales estimates typically leads to a negative investor sentiment in the short term, potentially causing a decrease in stock price. The reported increase in sales year-over-year may mitigate some negative impact, but the miss on both key financial metrics is likely to dominate investor reactions.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100