By Sabela Ojea

 

McKesson Corp. on Wednesday raised its earnings expectations for fiscal 2023, citing operational momentum.

The healthcare company said it expects to end the financial year with adjusted earnings per share in the range of $25.75 to $26.15, up from a prior guidance of between $24.45 to $24.95 a share.

The company posted full-year adjusted earnings per share of $23.69 a year earlier.

The company said these predicted gains are also attributable to the U.S. government's Covid-19 vaccines and tests distribution program and ancillary supplies' distribution program.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

February 01, 2023 17:23 ET (22:23 GMT)

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