earnings
confidence high
sentiment positive
materiality 0.85
McKesson Q1 FY2024 revenues $74.5B (+11%); adj EPS $7.27 (+25%); raises FY guidance
MCKESSON CORP
2024-Q1 EPS reported
$7.02
revenue$74,483,000,000
- Revenues $74.5B, up 11% YoY; income from cont ops $958M (+25%).
- Adjusted EPS $7.27, up 25% YoY; GAAP EPS $7.02, up 34%.
- Board approved $6.0B share repurchase increase; total authorization $8.9B as of July 2023.
- Quarterly dividend raised to $0.62/share, seventh consecutive annual increase.
- FY2024 adj EPS guidance raised to $26.55-$27.35 from prior $26.10-$26.90.