McCormick (MKC) Surpasses Q1 Earnings and Revenue Estimates

分组1 - McCormick reported quarterly earnings of $0.66 per share, exceeding the Zacks Consensus Estimate of $0.61 per share, and showing an increase from $0.60 per share a year ago, resulting in an earnings surprise of +9.07% [1] - The company achieved revenues of $1.87 billion for the quarter ended February 2026, surpassing the Zacks Consensus Estimate by 4.91%, and up from $1.61 billion year-over-year [2] - Over the last four quarters, McCormick has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] 分组2 - McCormick shares have declined approximately 21.1% since the beginning of the year, compared to a 7.3% decline in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.71 on revenues of $1.89 billion, and for the current fiscal year, it is $3.08 on revenues of $7.81 billion [7] - The Zacks Industry Rank for Food - Miscellaneous is currently in the bottom 18% of over 250 Zacks industries, indicating potential challenges for stock performance [8]