
McKesson (MCK) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
McKesson (MCK) last issued guidance on November 4, 2026 for fiscal year 2027. The company guided earnings per share in the range of $45.6 - $46.4, compared to a consensus EPS estimate of $44.67. McKesson also guided revenue in the range of $427.64B - $443.77B for the period.
Compared to prior guidance, McKesson raised its EPS outlook from a previous range of $44.2 - $45. On the revenue side, the company maintained its revenue forecast from a prior range of $423.6B - $439.74B.
McKesson has issued 22 guidance updates between February 1, 2023 and November 4, 2026. During this period, the company raised its outlook 11 times and lowered it 1 time, providing investors with insight into management's evolving expectations.
| Metric | Q2 '27 | Q1 '27 | Q4 '26 | Q3 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $10.74 | $9.62 | $11.57 | $9.29 |
| Actual | $11.68 | $9.93 | $11.69 | $9.34 |
| Surprise | +8.75% | +3.22% | +1.04% | +0.54% |
| Revenue | ||||
| Estimate | $109.99B | $104.08B | $101.49B | $105.81B |
| Actual | $110.96B | $105.38B | $96.30B | $106.16B |
| Surprise | +0.88% | +1.25% | -5.12% | +0.33% |
| Metric | Q3 '27E | Q4 '27E | Q1 '28E | Q2 '28E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $10.91 | $13.43 | $10.84 | $12.07 |
| Revenue | ||||
| Consensus | $113.86B | $104.31B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Nov 4, 2026 | $11.68 | $10.74 | 8.75 % |
| Q1 | Aug 5, 2026 | $9.93 | $9.62 | 3.22 % |
| Q4 | May 7, 2026 | $11.69 | $11.57 | 1.04 % |
| Q3 | Feb 4, 2026 | $9.34 | $9.29 | 0.54 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Nov 4, 2026 | $110.96B | $109.99B | 0.88 % |
| Q1 | Aug 5, 2026 | $105.38B | $104.08B | 1.25 % |
| Q4 | May 7, 2026 | $96.30B | $101.49B | -5.12 % |
| Q3 | Feb 4, 2026 | $106.16B | $105.81B | 0.33 % |