Insights Into McCormick (MKC) Q2: Wall Street Projections for Key Metrics

Core Insights - The consensus EPS estimate for McCormick has been adjusted downward by 0.3% over the past 30 days, indicating a reassessment by analysts [1] - Analysts project 'Net Sales- Flavor Solutions' to reach $725.85 million, reflecting a year-over-year decline of 2.8% [2] - The average prediction for 'Net Sales- Consumer' is set at $892.37 million, which is a decrease of 2.2% from the previous year [4] - Quarterly earnings are expected to be $0.59 per share, a decline of 1.7% year over year, with revenues projected at $1.63 billion, down 2% from the same quarter last year [5] - 'Operating income excluding special charges and transaction and integration expenses- Consumer' is estimated at $151.21 million, compared to $153.60 million a year ago [7] - For 'Operating income excluding special charges and transaction and integration expenses- Flavor Solutions', the estimate is $78.38 million, down from $81.40 million the previous year [9] - McCormick shares have returned -4.9% over the past month, underperforming the Zacks S&P 500 composite, which increased by 2.7% [10]