McCormick (MKC) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - McCormick (MKC) is anticipated to report a year-over-year increase in earnings driven by higher revenues in its upcoming earnings report for the quarter ended February 2025, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The consensus estimate for McCormick's quarterly earnings is $0.67 per share, reflecting a year-over-year increase of 6.4%, while revenues are projected to be $1.61 billion, up 0.6% from the previous year [3]. - The consensus EPS estimate has been revised 0.06% higher in the last 30 days, indicating a slight positive adjustment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model compares the Most Accurate Estimate to the Zacks Consensus Estimate, suggesting that recent analyst revisions may provide more accurate insights into the company's earnings prospects [5][6]. - A negative Earnings ESP of -2.46% for McCormick indicates that analysts have recently become more bearish on the company's earnings outlook, complicating predictions of an earnings beat [10][11]. Historical Performance - McCormick has a history of beating consensus EPS estimates, having done so in the last four quarters, including a surprise of +3.90% in the most recent quarter [12][13]. Conclusion - While McCormick does not appear to be a strong candidate for an earnings beat based on current estimates, investors should consider other factors that may influence stock performance ahead of the earnings release [16].