04:43 PM EDT, 08/07/2024 (MT Newswires) -- McKesson (MCK) reported fiscal Q1 adjusted earnings late Wednesday of $7.88 per diluted share, up from $7.27 a year earlier.

Analysts polled by Capital IQ expected $7.21.

Revenue in the quarter ended June 30 rose to $79.28 billion from $74.48 billion a year earlier.

Analysts surveyed by Capital IQ expected $82.6 billion.

The company boosted its fiscal 2025 adjusted earnings guidance to $31.75 to $32.55 per diluted share from $31.25 to $32.05. Analysts surveyed by Capital IQ expect $31.75.

Shares of the company fell 5.9% in after-hours activity.

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