McKesson (MCK) Tops Q4 EPS by 3c, Revenues Miss; Provides FY20 EPS Guidance
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McKesson Reports Fiscal 2019 Fourth-Quarter and Full-Year Results
May 8, 2019 7:00 AM EDTFourth-quarter fiscal 2019 revenues of $52.4 billion and full-year fiscal 2019 revenues of $214.3 billion, a full-year increase of 3%. Fourth-quarter GAAP loss per diluted share from continuing operations of $(4.17) and full-year GAAP earnings per diluted share from continuing operations of $0.17. Fourth-quarter Adjusted Earnings per diluted share of $3.69, up 6% from a year ago. Full-year Adjusted Earnings per diluted share of $13.57, up 8% from a year ago. Fiscal 2019 cash flow from operations of $4.0 billion and free cash flow of $3.5 billion. McKesson returned $1.9 billion to shareholders through share repurchases and dividends in fiscal 2019.... More
