IRVING, Texas (AP) — IRVING, Texas (AP) — McKesson Corp. (MCK) on Wednesday reported fiscal second-quarter earnings of $1.11 billion.
On a per-share basis, the Irving, Texas-based company said it had profit of $8.92. Earnings, adjusted for one-time gains and costs, were $9.86 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $8.92 per share.
The prescription drug distributor posted revenue of $103.15 billion in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $104.66 billion.
McKesson expects full-year earnings in the range of $38.35 to $38.85 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCK at https://www.zacks.com/ap/MCK
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