McCormick & Company's Quarterly Earnings Preview: What You Need to Know

Company Overview - McCormick & Company, Incorporated (MKC) has a market cap of $18.5 billion and is a global manufacturer, marketer, and distributor of spices, seasonings, condiments, and flavor solutions [1] Financial Performance - McCormick is expected to announce its fiscal Q4 2025 results on January 22, with analysts forecasting an adjusted EPS of $0.89, which represents an 11.3% increase from $0.80 in the same quarter last year [2] - For fiscal 2025, analysts predict an adjusted EPS of $3.02, a 2.4% rise from $2.95 in fiscal 2024, and a further growth to $3.21 in fiscal 2026, reflecting a year-over-year increase of 6.3% [3] Stock Performance - Over the past 52 weeks, McCormick shares have dropped 12.6%, underperforming the S&P 500 Index's nearly 16% return and the Consumer Staples Select Sector SPDR Fund's 2.6% dip [4] - Despite reporting a Q3 2025 adjusted EPS of $0.85 and revenue of $1.72 billion, shares fell 3.9% on October 7 due to a 130 basis points year-over-year decline in gross margin attributed to higher commodity costs, tariffs, and capacity investments [5] Analyst Ratings - The consensus view on MKC stock is cautiously optimistic, with a "Moderate Buy" rating overall; among 13 analysts, seven recommend "Strong Buy," one "Moderate Buy," and five suggest "Hold" [6] - The average analyst price target for McCormick is $80.21, indicating a potential upside of 16.4% from current levels [6]