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How To Earn $500 A Month From McKesson Stock Ahead Of Q4 Earnings

1. McKesson expects Q4 earnings at $9.83 per share, up from $6.18. 2. Projected revenue for Q4 stands at $94.2 billion, up from $76.36 billion. 3. BofA Securities raised McKesson's price target from $665 to $755, retains Buy rating. 4. Current dividend yield is 0.39%, equating to quarterly dividend of 71 cents. 5. McKesson shares rose by 1.6% to close at $722.37.

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FAQ

Why Bullish?

Strong anticipated earnings increase and revenue growth suggest positive market sentiment. Historically, similar earnings surprises have boosted MCK's share prices significantly.

How important is it?

The earnings update and analyst upgrades indicate strong market interest and potential for price appreciation.

Why Short Term?

The upcoming earnings report is imminent, likely affecting shares quickly. Past earnings announcements have led to rapid price movements for MCK.

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