McKesson raises annual profit forecast on strength in its U.S. pharma segment
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McKesson Corp has raised its annual profit forecast due to strong performance in its U.S. pharmaceuticals segment, driven by high demand for specialty and branded drugs.
November 06, 2024 | 10:45 pm
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McKesson Corp raised its annual profit forecast, indicating strong performance in its U.S. pharmaceuticals segment due to robust demand for specialty and branded drugs.
The increase in McKesson's profit forecast is directly linked to its U.S. pharmaceuticals segment's strong performance, driven by high demand for specialty and branded drugs. This positive outlook is likely to boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100