McKesson Q2 revenue $70.2B (+5%), EPS $6.46 vs $1.71; raises FY23 adj. EPS guidance to $24.45-24.95

MCKESSON CORP

2023-Q2 EPS reported $11.68 revenue$137,311,000,000

Total revenues of $70.2B increased 5% YoY; income from continuing operations $932M vs $267M.
GAAP EPS $6.46 (up $4.75); adjusted EPS $6.06 (down 1%), up 11% excluding COVID-related items.
Raised FY2023 adjusted EPS guidance to $24.45-24.95 (prior $23.95-24.65), 11-14% growth vs prior year.
COVID-19 vaccine distribution and ancillary programs contributed ~$1.60-1.80 to adjusted EPS guidance.
Year-to-date adjusted EPS $11.89 (+2% YoY); U.S. government COVID programs remain a key driver.

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