McCormick Set to Release Q4 Earnings: Should You Expect a Beat?

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. ...