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Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-13252 McKESSON CORPORATION (Exact name of registrant as specified in its charter) Delaware 94-3207296 (State or other ...

Core Insights - McKesson Corporation reported strong second-quarter fiscal 2025 results, with adjusted earnings per share (EPS) of $7.07, exceeding the Zacks Consensus Estimate of $6.89 by 2.6% and showing a year-over-year improvement of 13.5% [1] - Revenues reached $93.65 billion, surpassing the Zacks Consensus Estimate by 4.7% and reflecting a year-over-year increase of 21.3%, driven by growth in the Pharmaceutical segment, particularly specialty products and GLP-1 medications [2][12] Revenue Details - The U.S. Pharmaceutical segment generated revenues of $85.7 billion, up 23% year over year, primarily due to increased prescription volumes from specialty products and GLP-1 medications [4] - The International segment reported revenues of $3.7 billion, a 7% increase year over year, attributed to higher pharmaceutical distribution volumes in Canada [5] - The Medical-Surgical Solutions segment's revenues totaled $2.9 billion, up 4% year over year, driven by higher volumes of specialty pharmaceuticals [7] - The Prescription Technology Solutions segment achieved revenues of $1.3 billion, an 11% increase year over year, supported by growth in technology services and third-party logistics [8] Profitability Metrics - Gross profit for the quarter was $3.25 billion, a 5.8% increase year over year, representing 3.5% of net revenues, down nearly 50 basis points from the previous year [9] - Operating income was reported at $578 million, down 39.2% year over year, with an operating margin of 0.6%, a decline of almost 60 basis points [9] Financial Update - Cash and cash equivalents stood at $2.51 billion, up from $2.3 billion a year ago, with cumulative net cash provided by operating activities amounting to $720 million compared to a net cash used of $87 million in the prior year [10] Fiscal 2025 Guidance - McKesson raised its adjusted EPS guidance for fiscal 2025 to a range of $32.40-$33.00, reflecting an 18-20% growth from the prior year, with revenues expected to grow 15-17% [11] Market Performance - McKesson's shares rose 4.7% in after-hours trading following the earnings report, with an 18.8% increase year to date, outperforming the industry growth of 2.9% and the S&P 500 Index's gain of 24.7% [3]

McKesson MCK reported better-than-expected second-quarter financial results on Wednesday.McKesson reported quarterly earnings of $7.07 per share which beat the analyst consensus estimate of $6.88 per share. The company reported quarterly sales of $93.70 billion which beat the analyst consensus estimate of $89.33 billion.McKesson shares gained 4.6% to close at $549.31 on Wednesday.These analysts made changes to their price targets on McKesson following earnings announcement.Baird analyst Eric Coldwell upgrad ...

McKesson Corporation (NYSE:MCK) Q2 2025 Earnings Conference Call November 6, 2024 4:30 PM ET Company Participants Rachel Rodriguez - VP of Investor Relations Brian Tyler - Chief Executive Officer Britt Vitalone - Executive Vice President and Chief Financial Officer Conference Call Participants Lisa Gill - JPMorgan Kevin Caliendo - UBS Daniel Grosslight - Citi Charles Rhee - TD Cowen Brian Tanquilut - Jeffries Elizabeth Anderson - Evercore ISI Eric Percher - Nephron Research Stephanie Davis - Barclays Stephe ...

McKesson (MCK) reported $93.65 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 21.3%. EPS of $7.07 for the same period compares to $6.23 a year ago. The reported revenue represents a surprise of +4.66% over the Zacks Consensus Estimate of $89.48 billion. With the consensus EPS estimate being $6.89, the EPS surprise was +2.61%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

McKesson (MCK) came out with quarterly earnings of $7.07 per share, beating the Zacks Consensus Estimate of $6.89 per share. This compares to earnings of $6.23 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 2.61%. A quarter ago, it was expected that this prescription drug distributor would post earnings of $7.16 per share when it actually produced earnings of $7.88, delivering a surprise of 10.06%. Over the last four quarters ...

Exhibit 99.1 McKESSON CORPORATION REPORTS FISCAL 2025 SECOND QUARTER RESULTS AND RAISES FULL YEAR ADJUSTED EPS GUIDANCE IRVING, Texas, November 6, 2024 - McKesson Corporation (NYSE:MCK) today announced results for the second quarter ended September 30, 2024. Second Quarter Highlights: • Consolidated revenues of $93.7 billion increased 21%. • Earnings per diluted share of $1.87 decreased $3.05. • Adjusted Earnings per Diluted Share of $7.07 increased 13%. • McKesson announced an agreement to acquire a contro ...

McKesson Corporation (MCK) is scheduled to report second-quarter fiscal 2025 results on Nov. 6, after market close.The company delivered an earnings surprise of 10.06% in the last reported quarter. Its earnings beat estimates in three of the trailing four quarters and missed once, delivering an average surprise of 4.82%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.MCK’s top line has been gaining primarily on the back of the rapid adoption of GLP-1 weight loss drugs as well as con ...