McKesson Q3 Profit Rises - Quick Facts

(RTTNews) - McKesson Corp. (MCK) reported third-quarter net income to company of $472 million or $2.00 per share, compared to $65 million or $0.28 per share, prior year. Earnings per share from continuing operations was $2.01 compared to $0.70 a year ago. Adjusted earnings per share was $2.89 , for the quarter.

On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $2.61 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $47.01 billion from $34.34 billion last year. Analysts expected revenue of $44.81 billion for the quarter.

McKesson expects adjusted earnings per share from continuing operations between $10.80 and $10.95 for the fiscal year ending March 31, 2015. Analysts expect the company to report fiscal year earnings per share of $10.84.