Investing.com - McKesson (NYSE:MCK) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
McKesson announced earnings per share of $4.6 on revenue of $62.6B. Analysts polled by Investing.com anticipated EPS of $4.14 on revenue of $61.79B.
McKesson shares are up 0.56% from the beginning of the year and are trading at $179.73 , down-from-52-week-high.They are broadly in line with the S&P 500 which is up 0.47% 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, January 26, 2021, who reported EPS of $1.86 on revenue of $22.48B, compared to forecasts EPS of $1.82 on revenue of $21.66B.
Abbott Labs had beat expectations on Wednesday, January 27, 2021 with fourth quarter EPS of $1.45 on revenue of $10.7B, compared to forecast for EPS of $1.35 on revenue of $9.94B.
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