McKesson (MCK) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $11.68
- Estimate
- $10.75
- Surprise
- +8.6%
- Revenue (period 2026-09-30)
- $110.96B
- Score today
- 5.2/10
Revenue source: xbrl.
How the report landed
McKesson (MCK) beat the $10.75 estimate with adjusted EPS of $11.68 — a clear 8.6% upside surprise.
Coverage in the report window
- UPDATE: McKesson Raises FY2027 Adj EPS Guidance from $44.20-$45.00 to $45.60-$46.40 vs $44.71 Est; Raises FY2027 Sales G — benzinga, 2026-11-04
- McKesson Q2 2027 Earnings Call Transcript — benzinga, 2026-11-04
- McKesson Reports Fiscal 2027 Second Quarter Results and Raises Full Year Adjusted EPS Guidance — fiscal.ai, 2026-11-04
Where TrendMatrix's rating stands now
TrendMatrix currently rates MCK Sell at 5.2/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +8.6% surprise compares with a +3.6% four-quarter average.
What argues against it
- Target reached (-16.5% upside)
- Quality below floor (3.5 < 4.0)
- Value-trap signals (2/5): Margin compression (op margin 0.8%), Material insider selling (9 sells, 1.98% of cap)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $1069.44
- Stop
- $1016.44
The stock trades at 27.6× trailing but 21.1× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 1.6× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-11-05 — shown for context, not personalized investment advice.
MCK at TrendMatrix's latest read
Healthcare earnings trade on pipeline and payer dynamics as much as the quarter itself; a beat or miss is weighed against trial and reimbursement news.
- Industry
- Medical Distribution
- Market cap
- $124.69B
- P/E (fwd)
- 21.1
- P/E (ttm)
- 27.6
- 52-week range
- $723.68–$1073.95
- Off 52-week high
- 0.4%
- RSI (14)
- 67
- Volume vs avg
- 1.65×
- Score today
- 5.2/10