Investing.com - McKesson (NYSE:MCK) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
McKesson announced earnings per share of $4.8 on revenue of $60.81B. Analysts polled by Investing.com anticipated EPS of $3.86 on revenue of $59.49B.
McKesson shares are up 9% from the beginning of the year and are trading at $152.03 , down-from-52-week-high.They are outperforming the S&P 500 which is up 2.46% from the start of the year.
McKesson follows other major Healthcare sector earnings this month
McKesson's report follows an earnings beat by J&J on Tuesday, October 13, 2020, who reported EPS of $2.2 on revenue of $21.08B, compared to forecasts EPS of $1.98 on revenue of $20.2B.
Pfizer had beat expectations on Tuesday, October 27, 2020 with third quarter EPS of $0.72 on revenue of $12.13B, compared to forecast for EPS of $0.71 on revenue of $12.31B.
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