McKesson's (MCK) CEO John Hammergren on Q3 2016 Results - Earnings Call Transcript

Jan. 27, 2016 10:30 PM ETMcKesson Corporation (MCK)
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McKesson Corporation (NYSE:MCK) Q3 2016 Results Earnings Conference Call January 27, 2016 5:00 PM ET

Executives

Erin Lampert - SVP, IR

John Hammergren - Chairman and CEO

James Beer - EVP and CFO

Analysts

Ricky Goldwasser - Morgan Stanley

Robert Jones - Goldman Sachs

Steven Valiquette - UBS

George Hill - Deutsche Bank

Lisa Gill - JPMorgan

David Larsen - Leerink

Ross Muken - Evercore ISI

Garen Sarafian - Citi Research

Eric Coldwell - Baird

Eric Percher - Barclays

Charles Rhyee - Cowen

Operator

Good afternoon, and welcome to the McKesson Corporation Quarterly Earnings Call. All participants are in a listen-only mode. [Operator Instructions] Today's call is being recorded. If you have any objections, you may disconnect at this time.

I would now like to introduce Ms. Erin Lampert, Senior Vice-President, Investor Relations.

Erin Lampert

Thank you, Mellissa. Good afternoon, and welcome to the McKesson Fiscal 2016 Third Quarter Earnings Call. I'm joined today by John Hammergren, McKesson's Chairman and CEO, and James Beer, McKesson's Executive Vice-President and Chief Financial Officer. John will first provide a brief business update and will then introduce James who will review the financial results for the quarter. After James' comments, we will open the call for your questions.

Before we begin, I remind listeners that during the course of this call we will make forward-looking statements within the meaning of Federal Securities laws. These forward-looking statements involve risks and uncertainties regarding the operations and future results of McKesson.

In addition to the company's periodic, current, and annual reports filed with the Securities and Exchange Commission, please refer to the text of our press release for a discussion of the risks associated with such forward-looking statements. Finally, please note that on today's call, we will refer to certain non-GAAP financial measures in which we exclude from our GAAP financial results the

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