McCormick & Co. (MKC) Tops Q2 EPS by 8c, Updates FY Guidance

McCormick & Co. (NYSE: MKC) reported Q2 EPS of $0.69, $0.08 better than the analyst estimate of $0.61. Revenue for the quarter came in at $1.56 billion versus the consensus estimate of $1.46 billion.

GUIDANCE:

McCormick & Co. sees FY2021 EPS of $3.00-$3.05, versus the consensus of $3.00.

• In 2021, the Company expects to grow sales by 11% to 13% compared to 2020, which in constant currency is 8% to 10% and includes the incremental impact of the Cholula and FONA acquisitions.

For earnings history and earnings-related data on McCormick & Co. (MKC) click here.

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