For the quarter ended November 2024, McCormick (MKC) reported revenue of $1.8 billion, up 2.6% over the same period last year. EPS came in at $0.80, compared to $0.85 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.77 billion, representing a surprise of +1.79%. The company delivered an EPS surprise of +3.90%, with the consensus EPS estimate being $0.77.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

McCormick & Company, Incorporated (MKC) delivered solid fourth-quarter fiscal 2024 results, wherein the top and bottom lines came ahead of the Zacks Consensus Estimate, and sales increased year over year.The company’s strategic investments in key categories helped it fuel volume growth, expand margins and deliver solid earnings improvement in fiscal 2024. Looking into 2025, management remains positive about sustaining its solid momentum, driven by its growth strategies, brand strength and demand for flavor. ...

McCormick (MKC) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.90%. A quarter ago, it was expected that this spices and seasonings company would post earnings of $0.68 per share when it actually produced earnings of $0.83, delivering a surprise of 22.06%.Over the last four quarters ...

4th Quarter 2024 McCormick & Company, Inc. Business Update, Financial Results, and Outlook | January 23, 2025 The following slides accompany a January 23, 2025 earnings release conference call. This information should be read in conjunction with the press release issued on that date. FORWARD-LOOKING INFORMATION Certain information contained in this presentation, including statements concerning expected performance such as those relating to net sales, gross margin, earnings, cost savings, special charges, ac ...

Chairman, President, and CEO's Remarks Brendan M. Foley, Chairman, President, and CEO, stated, "We are pleased to report strong performance for both fourth quarter and fiscal year 2024, an important year for McCormick, in which we built momentum and strengthened our leadership, returning to differentiated and sustainable volume-led growth. We successfully delivered on our objectives for the year. Our strategic investments in core categories enabled us to drive positive volume growth, expand our margins, and ...

HUNT VALLEY, Md., Jan. 23, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the fourth quarter and fiscal year ended November 30, 2024 and provided its financial outlook for fiscal year 2025. For the fourth quarter, sales increased 3% from the year-ago period and included a 1% benefit from currency. The sales increase was driven by volume. Earnings per share was $0.80 compared to $0.81 in 2023. Adjusted earnings per share was ...

McCormick & Company, Incorporated MKC will release its fourth-quarter financial results, before the opening bell, on Thursday, Jan. 23, 2025.Analysts expect the Hunt Valley, Maryland-based company to report quarterly earnings at 77 cents per share, down from 85 cents per share in the year-ago period. McCormick projects quarterly revenue of $1.77 billion, compared to $1.75 billion a year earlier, according to data from Benzinga Pro.On Nov. 19, 2024, McCormick raised its quarterly dividend from 42 cents to 45 ...

McCormick & Company, Incorporated (MKC) is likely to register top-line growth when it reports fourth-quarter fiscal 2024 earnings on Jan. 23. The Zacks Consensus Estimate for revenues is pegged at $1.77 billion, implying a 0.8% increase from the prior-year quarter’s reported figure. The consensus mark for earnings has dipped by a penny in the past seven days to 77 cents per share, indicating a 9.4% fall from the figure reported in the year-ago period. MKC has a trailing four-quarter earnings surprise of 13. ...

The upcoming report from McCormick (MKC) is expected to reveal quarterly earnings of $0.77 per share, indicating a decline of 9.4% compared to the year-ago period. Analysts forecast revenues of $1.77 billion, representing an increase of 0.8% year over year.The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ahead of a com ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering McCormick (MKC) , which belongs to the Zacks Food - Miscellaneous industry.This spices and seasonings company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 19.50%.For the last reported quarter, McCormick came out with earnings of $0.83 per share ver ...