Investing.com - McKesson 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 31% from the beginning of the year and are trading at $331.90 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.82% year to date.
McKesson shares gained 1.47% in after-hours trade the report.
McKesson follows other major Healthcare sector earnings this month
McKesson's report follows an earnings beat by UnitedHealth on Friday, July 15, 2022, 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 Tuesday, July 19, 2022 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
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