McCormick Reports Strong Second Quarter Performance And Updates Financial Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
McCormick & Co. (MKC) Tops Q2 EPS by 8c; Raises FY19 EPS Outlook
June 27, 2019 6:33 AM EDTMcCormick & Co. (NYSE: MKC) reported Q2 EPS of $1.16, $0.08 better than the analyst estimate of $1.08. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.31 billion.
Sales in the second quarter were comparable to the year-ago period. In constant currency, the company grew sales 3% with growth driven by both the consumer and flavor solutions segments in all three regions.Operating income was $208 million in the second quarter compared to $189 million in the year-ago period. Adjusted operating income was $215 million, a 5% increase from $205 million in the second quarter of 2018, and an... More