By Paul Ziobro
McKesson again raised its adjusted profit outlook for the year after revenue rose 10% in the second quarter, boosted by higher prescription volumes and growth in distribution of oncology and multispecialty products.
The pharmaceutical distributor on Wednesday reported a profit of $1.11 billion, or $8.92 a share, compared with $241 million, or $1.87 a share, a year ago.
Adjusted earnings were $9.86 a share. Analysts polled by FactSet expected $9.03 a share.
Revenue rose about 10% to $103.15 billion, short of analyst estimates for $104.14 billion. The company said growth was led by its North American pharmaceutical segment, where it logged more prescription volumes. Acquisitions in its Oncology and Multispecialty segment also provided a boost.
The company said its bottom-line boost came from operational growth across its businesses, including contributions from acquisitions, the sale of an investment and market decisions within the U.S. Oncology Network, among other items.
McKesson now expects adjusted per-share earnings between $38.35 and $38.85, compared to its prior view of $38.05 to $38.55.
Write to Paul Ziobro at paul.ziobro@wsj.com
(END) Dow Jones Newswires
November 05, 2025 16:56 ET (21:56 GMT)
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