McKesson Corporation’s (MCK) Biologics by McKesson, its independent specialty pharmacy specializing in oncology and rare disease areas, has been selected by Accord BioPharma, Inc. as an exclusive specialty pharmacy provider for CAMCEVI (leuprolide) 42mg injection emulsion for subcutaneous use. CAMCEVI is a gonadotropin-releasing hormone (GnRH) agonist indicated for the treatment of adult patients with advanced prostate cancer.CAMCEVI was approved by the FDA on May 25, 2021.The availability of the FDA-approv ...

In the latest market close, McKesson (MCK) reached $589.95, with a -0.19% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.04%. Meanwhile, the Dow experienced a drop of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.12%.Heading into today, shares of the prescription drug distributor had gained 6.35% over the past month, outpacing the Medical sector's gain of 2.3% and the S&P 500's gain of 4.15% in that time.Market participants will be ...

McKesson (MCK) closed the most recent trading day at $591.07, moving +1.07% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.23%. At the same time, the Dow lost 0.17%, and the tech-heavy Nasdaq gained 0.34%.The prescription drug distributor's stock has climbed by 6.02% in the past month, exceeding the Medical sector's gain of 2.69% and the S&P 500's gain of 3.96%.Analysts and investors alike will be keeping a close eye on the performance of McKesson in its upcoming earning ...

McKesson (MCK) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this prescription drug distributor have returned +6%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Medical - Dental Supplies industry, which McKesson falls in, has lost 0.6%. The key question now is: What could be the stock's future direction?While media ...

McKesson (MCK) is witnessing strong momentum, with its shares having rallied 26.3% year to date compared with 1.4% growth of the industry. The S&P 500 composite has risen 7% during the same time frame.With healthy fundamentals and strong growth opportunities, this Zacks Rank #3 (Hold) company appears to be a solid wealth creator for its investors at the moment.Headquartered in San Francisco, CA, McKesson is a healthcare services and information technology company with two operating segments — Distribution S ...

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McKessonCorporation (MCK) is well-poised for growth, backed by strategic collaborations and strength in the Distribution Solutions segment. However, the company’s opioid-related litigation expenses are a potential threat.Shares of this Zacks Rank #3 (Hold) company have risen 27.7% year to date compared with the industry’s 1.7% growth. The S&P 500 Index has jumped 12.4% in the same time frame.McKesson is a healthcare services and information technology company with a market capitalization of $76.29 billion. ...

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McKesson Corporation (MCK) reported fourth-quarter fiscal 2024 adjusted earnings per share (EPS) of $6.18, which missed the Zacks Consensus Estimate of $6.34 by 2.52%. The bottom line also declined 14% on a year-over-year basis.GAAP EPS was $6.02, up 5.4% from the year-ago quarter’s level.Revenue DetailsRevenues of $76.36 billion missed the Zacks Consensus Estimate by 3%. However, the top line increased 11% year over year, primarily driven by growth in the U.S. Pharmaceutical segment.Full-Years ResultsMcKes ...

For the quarter ended March 2024, McKesson (MCK) reported revenue of $76.36 billion, up 10.8% over the same period last year. EPS came in at $6.18, compared to $7.19 in the year-ago quarter.The reported revenue represents a surprise of -3.00% over the Zacks Consensus Estimate of $78.72 billion. With the consensus EPS estimate being $6.34, the EPS surprise was -2.52%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ne ...