01:41 PM EDT, 09/05/2024 (MT Newswires) -- McKesson (MCK) shares dropped nearly 10% in recent trading Thursday after it indicated at a health care conference that it expects fiscal Q2 adjusted earnings of $6.70 to $7 per diluted share.

Three analysts polled by Capital IQ expect $7.03.

The company also affirmed its full-year adjusted EPS range of $31.75 to $32.55.

Trading volume reached 1.4 million shares against a daily average of 779,353.

Price: 516.46, Change: -54.82, Percent Change: -9.60