How has MCK's earnings volatility affected long-term investment decisions?

McKesson's (MCK) earnings volatility has likely impacted long-term investment decisions in several ways: 1. **Investor Sentiment**: Volatility in earnings can lead to uncertainty in future profits, which may cause investors to be cautious about committing long-term capital. Investors may require higher expected returns to compensate for the additional risk associated with MCK's volatile earnings. 2. **Portfolio Strategy**: MCK's volatility may have led investors to adjust their portfolio strategy, potentially reducing their exposure to MCK if it does not align with their risk tolerance or investment goals. This could have been mitigated by the company's strategic initiatives and growth prospects. 3. **Dividend and Income Focus**: Investors focused on dividend-paying stocks may be deterred by MCK's volatile earnings, as these fluctuations could affect the company's ability to consistently pay dividends. However, MCK's financial performance and growth expectations may still appeal to income-focused investors. 4. **Market Perception**: MCK's volatility may have influenced market perception of the company's stability and future growth prospects. This could have affected the stock's valuation and its attractiveness to long-term investors. 5. **Risk Management**: Institutional investors and fund managers may view MCK's volatility as a risk factor, which could lead them to overweight or underweight the stock in their portfolios based on their risk management strategies. In conclusion, MCK's earnings volatility has likely introduced an element of risk that investors have had to consider when making long-term investment decisions, potentially influencing portfolio composition and investment strategy. |code|Ticker|Name|Date|Net Income YoY|Net Income QoQ|market_code| |---|---|---|---|---|---|---| |MCK|MCK.N|McKesson|2024 Q4|0.48426150121065376||169| |MCK|MCK.N|McKesson|2025 Q1|-3.711133400200602||169| |MCK|MCK.N|McKesson|2025 Q2|-59.17496443812234||169| |MCK|MCK.N|McKesson|2025 Q3|47.3015873015873|223.34494773519165|169|