McKesson Earnings: What To Look For From MCK

McKesson, a leading healthcare distributor, is set to release its earnings results on November fourth. Despite a strong track record, analysts predict a slower growth rate of around 11% year on year, compared to last year's 23%. With competitors like Cardinal Health and Guardant Health reporting bigger revenue jumps, investors await McKesson's announcement with cautious optimism. The company's stock has quietly climbed by almost 11% over the last month, but with a history of missing revenue targets, all eyes are on whether McKesson can maintain its solid performance or if growth will continue to slow down.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.