Investing.com - McKesson (NYSE:MCK) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
McKesson announced earnings per share of $6.15 on revenue of $68.6B. Analysts polled by Investing.com anticipated EPS of $5.42 on revenue of $66.44B.
McKesson shares are down 5% from the beginning of the year and are trading at $258.46 , down-from-52-week-high.They are outperforming the Nasdaq which is down 7.85% 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 25, 2022, who reported EPS of $2.13 on revenue of $24.8B, compared to forecasts EPS of $2.12 on revenue of $25.28B.
UnitedHealth had beat expectations on Wednesday, January 19, 2022 with fourth quarter EPS of $4.48 on revenue of $73.74B, compared to forecast for EPS of $4.3 on revenue of $72.98B.
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