McKesson 1Q Earnings Pregame Scorecard

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McKesson (NYSE:MCK) has beaten analyst's estimates in each of the last five quarters and will try to do so again on Thursday, July 26, 2012.

Expectations

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Analysts currently expect McKesson to come in with earnings of $1.49 per share on revenues of $31.06 billion. Estimates range from earnings per share to earnings per share. Over the past two months, the average estimate has moved up from $1.44.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $4.65 per share between June 25, 2012 and July 3, 2012.

Company Fundamental Trends

Stock Ratings

Analysts are bullish on the stock as nine analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Last Quarter's Results

In the fourth quarter of the last fiscal year, profit rose 23.5% to $521 million ($2.08 a share) from $422 million ($1.61 a share) the year earlier, exceeding analyst expectations. Revenue rose 9.9% to $31.7 billion from $28.85 billion.

Summary

Reporting Period: 1Q

Date of Release: Thursday, July 26, 2012

EPS: $1.49

Revenue Estimate: $31.06 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)