Investing.com - McKesson (NYSE:MCK) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
McKesson announced earnings per share of $5.83 on revenue of $67.15B. Analysts polled by Investing.com anticipated EPS of $5.29 on revenue of $64.92B.
McKesson shares are up 1.81% from the beginning of the year, still down 5.56% from its 52 week high of $346.30 set on August 1. They are outperforming the S&P 500 which is down 12.82% from the start of the year.
McKesson shares gained 3.54% in after-hours trade following the report.
McKesson follows other major Healthcare sector earnings this month
McKesson's report follows an earnings beat by UnitedHealth on July 15, who reported EPS of $5.57 on revenue of $80.33B, compared to forecasts EPS of $5.21 on revenue of $79.68B.
J&J had beat expectations on July 19 with second quarter EPS of $2.59 on revenue of $24.02B, compared to forecast for EPS of $2.54 on revenue of $23.77B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar