McKesson Ahead of Earnings

Published on Friday, 27 January 2012 10:20 Written by Christopher Lynn

New York, January 27th (TradersHuddle.com) - Shares of McKesson Corporation (NYSE:MCK) are trading higher by +1.13% ahead of its quarterly earnings release. McKesson, the provider of certified health care information technology and pharmaceutical distributor is expected to release its quarterly results on January 30^th.

Wall Street Analysts consensus calls for a profit of $1.37 a share on $30.13 billion revenue.

McKesson estimates have a range of $0.24 a share. The high estimate calls for profit of $1.52 a share and the low estimate is calling for a profit of $1.28 a share, a year ago for the quarter the company reported $1.22 a share.

McKesson Corporation (NYSE:MCK) distributes pharmaceuticals, medical-surgical supplies, and and health and beauty care products throughout North America. The Company also develops, implements, and supports software that facilitates the integration of data throughout the health enterprise.