McKesson (MCK) Tops Q4 EPS by 19c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus
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McKesson Reports Fiscal 2020 Fourth-Quarter and Full-Year Results
May 20, 2020 7:00 AM EDTFourth-Quarter Highlights, Year-over-Year:
Total revenues of $58.5 billion, reflecting 12% growth. Earnings per diluted share increased by $9.99 to $5.82. Adjusted Earnings per diluted share of $4.27, an increase of 16%.Full-Year Highlights:
Total revenues of $231.1 billion, reflecting 8% growth. Earnings per diluted share increased by $4.82 to $4.99. Adjusted Earnings per diluted share of $14.95, an increase of 10%. Cash flow from operations of $4.4 billion and free cash flow of $3.9 billion. Returned $2.2 billion of cash to shareholders through share repurchases and dividends.Fiscal 2021 Outlook:
Adjusted... More