McKesson Q4 Profit Rises - Quick Facts

(RTTNews) - McKesson Corp. (MCK) reported that its fourth-quarter income from continuing operations increased to $362 million from $263 million, last year. Earnings per share from continuing operations was $1.56 compared to $1.11 a year ago. Total earnings per share was $1.58, compared to $1.10. Fourth-quarter adjusted earnings per share was $2.55. The company noted that the results of Celesio did not have a material impact on its fourth-quarter adjusted earnings per share.

On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $2.40 for the quarter. Analysts' estimates typically exclude special items.

Revenues rose year-over-year to $38.14 billion from $30.52 billion. Analysts expected revenue of $35.86 billion for the quarter.

McKesson expects adjusted earnings per share between $10.40 and $10.80 for the fiscal year ending March 31, 2015. Analysts expect the company to report fiscal 2015 earnings per share of $10.58.