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For the first quarter 2018 company realized loss per share of $
-0.68 compare to $1.45 a year ago, while Sales advanced by 3.05 % to $
52.61 billions from the same quarter a year ago.
In the previous quarter company realized Sales of $51.63 billions and bottom line of $
-5.59 per share.
Mckesson Corp said it's sales growth was driven by U.S. Healthcare direct distribution or services segment up 15.52% Pharmaceutical Solutions segment up 9.44% Medical-Surgical Solutions segment up 2.81%, while sales in Canada distribution or services segment fell -19.78%.
For the first quarter 2018 Mckesson Corp logged net loss of $
-80 million, instead of net income of $365 millions achieved in the same quarter a year before.
Excluding a $87 million tax charge, that company has recorded, first quarter 2018 results would show a net profit. Mckesson Corp cut it's annual earnings per share forecast by $
-2.24, now company expects eps from $9.96 to $10.46.
Mckesson Corp is expected to report next financial results on October 29, 2018.
