McKesson Corporation ( (MCK) ) has released its Q1 earnings. Here is a breakdown of the information McKesson Corporation presented to its investors.
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McKesson Corporation is a leading healthcare services company that partners with biopharma companies, care providers, and pharmacies to deliver products and services that enhance healthcare access and affordability. Operating in the healthcare sector, McKesson is known for its comprehensive distribution network and innovative solutions in oncology and specialty pharmaceuticals.
In its fiscal 2026 first-quarter earnings report, McKesson Corporation announced a significant increase in consolidated revenues, reaching $97.8 billion, marking a 23% growth compared to the previous year. The company also raised its full-year adjusted earnings per share guidance, reflecting strong operational performance and strategic acquisitions.
Key financial highlights from the report include a 5% increase in adjusted earnings per diluted share to $8.26, despite a decrease in earnings per diluted share due to a provision for bad debts related to the Rite Aid bankruptcy. The U.S. Pharmaceutical segment saw a 25% revenue increase, driven by higher prescription volumes and oncology product distribution. Additionally, McKesson completed acquisitions of controlling interests in PRISM Vision Holdings and Core Ventures, enhancing its capabilities in specialty solutions.
McKesson’s strategic initiatives and robust first-quarter performance have led to a revised fiscal 2026 adjusted earnings per diluted share guidance of $37.10 to $37.90, indicating a projected growth of 12% to 15% compared to the prior year. The company remains focused on executing its strategy and delivering value to stakeholders through continued growth and operational excellence.