McCormick & Co. (MKC) Tops Q3 EPS by 7c, Updates Guidance

McCormick & Co. (NYSE: MKC) reported Q3 EPS of $0.80, $0.07 better than the analyst estimate of $0.73. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.53 billion.

GUIDANCE:

McCormick & Co. sees FY2021 EPS of $2.97-$3.02, versus the consensus of $3.02.

• For fiscal year 2021, McCormick updated its sales outlook to expected growth of 12% to 13%, or 9% to 10% in constant currency.

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

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