McKesson saw revenue and profit increases in Q4, plans to spin off unit
From Yahoo Finance: 2025-05-09 17:03:00
McKesson, a healthcare supplies company, saw a 19% revenue increase in Q4 of fiscal 2025, hitting $90.8 billion. Adjusted net profit also rose 15% to $1.3 billion. Despite missing analyst estimates, McKesson’s shares gained 0.5% on the stock market. The company plans to spin off its medical-surgical solutions unit and provided adjusted net income guidance for fiscal 2026 of $36.75 to $37.55 per share. CEO Brian Tyler attributed the strong results to core business strength. Investors can access the top 10 stock picks by joining Stock Advisor, which has a total average return of 909%.
Read more at Yahoo Finance: Why McKesson Stock Bumped Modestly Higher Today
