Shares of McKesson (MCK) fell sharply on Thursday. The healthcare services company issued a Q2 earnings forecast that underwhelmed investors. Meanwhile...
) shares sank after the medical products company warned that issues with an enterprise resource system would hit its financial results.The company's adjusted earnings per share outlook did Miss Wall Street's expectations.So the drug distributor offers an adjusted eps outlook for fiscal Q two.I did see analysts saying the Q two color creates a steeper ramp that the cadence.Yeah, and it seems like in particular in its medical surgical business.
The other news as Well, other news that we're gonna talk about right now, Zimmer Biomet, uh that company that's a maker of replacement hips and joints, uh shares under pressure after it disclosed a sales warning for 2024 those shares down almost 9%.Um So the CEO Ivan Torno saying um that they have had a software issue doesn't affect their products, but it affects sales.And so that is gonna maybe take down the numbers.
And so this is a step back from that amidst investors already sort of questioning it rough going that stock in the red year to date and over the past 12 months here.Zimmer Biomet stock tumbled Thursday after the medtech company said implementing a new enterprise system would slug 2024 sales by 1%.Nvidia Is No Longer 'Perfect,' But These 14 Stocks Are Still GoldenDavina McCall has been playing Cupid in real life and thinks she may have set up a couple who may wed.
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