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UPDATE: McKesson Corp. (MCK) Tops Q4 EPS by 15c; Guides FY15 EPS

May 12, 2014 4:11 PM EDT
(Updated - May 12, 2014 4:12 PM EDT)

McKesson Corp. (NYSE: MCK) reported Q4 EPS of $2.55, $0.15 better than the analyst estimate of $2.40. Revenue for the quarter came in at $38.14 billion versus the consensus estimate of $35.89 billion.

“I am pleased with our fourth-quarter results led by solid execution across the Distribution Solutions and Technology Solutions segments,” said John H. Hammergren, chairman and chief executive officer. “For the full year, we had strong growth in adjusted earnings, up 31% from the prior year, and a record year for operating cash flow generated by the business. These results were driven primarily by outstanding performance in the Distribution Solutions segment and disciplined working capital management across the company. Additionally, during the fourth-quarter, we secured the acquisition of Celesio which marks an important step for McKesson as we expand to serve our customers and manufacturing partners with global scale.”

McKesson sees FY2015 EPS of $10.40-$10.80, versus the consensus of $10.58.

For earnings history and earnings-related data on McKesson Corp. (MCK) click here.



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