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IRVING, Texas (AP) — IRVING, Texas (AP) — McKesson Corp. (MCK) on Wednesday reported fiscal second-quarter net income of $241 million.
The Irving, Texas-based company said it had net income of $1.87 per share. Earnings, adjusted for one-time gains and costs, came to $7.07 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $6.89 per share.
The prescription drug distributor posted revenue of $93.65 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $89.48 billion.
McKesson expects full-year earnings in the range of $32.40 to $33 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCK at https://www.zacks.com/ap/MCK