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Stock impact report

McKesson (MCK) Stock Sinks As Market Gains: What You Should Know [Yahoo! Finance]

McKesson Corporation (MCK) 
Last mckesson corporation earnings: 2/4 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.mckesson.com
Company Research Source: Yahoo! Finance
At the same time, the Dow added 0.85%, and the tech-heavy Nasdaq gained 1.51%. The prescription drug distributor's stock has dropped by 1.66% in the past month, exceeding the Medical sector's loss of 2.73% and the S&P 500's loss of 4.2%. Market participants will be closely following the financial results of McKesson in its upcoming release. The company plans to announce its earnings on May 7, 2024. The company's upcoming EPS is projected at $6.34, signifying a 11.82% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $78.72 billion, up 14.23% from the prior-year quarter. It is also important to note the recent changes to analyst estimates for McKesson. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Research indicates that these estimate revisions are directly co Show less Read more
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