McKesson Corp. shares dropped in the extended session Thursday after the healthcare services company's quarterly results and forecast fell short of Wall Street estimates. McKesson shares dropped 7.8% to $148 after hours. The company reported adjusted fiscal second-quarter earnings of $2.94 a share on revenue of $50 billion. Analysts surveyed by FactSet had forecast earnings of $3.04 a share on revenue of $51.2 billion. For the year, McKesson said it expects adjusted earnings of $12.35 to $12.85 a share, while analysts forecast earnings of $13.56 a share.
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