MKC Stock Recent News

McCormick (MKC 1.71%), a global leader in flavor, released its earnings results for its fiscal 2024's fourth quarter, which ended Nov. 30. The company showed encouraging performance by achieving adjusted earnings per share (EPS) of $0.80, beating analysts' expectations of $0.77.

While the top- and bottom-line numbers for McCormick (MKC) give a sense of how the business performed in the quarter ended November 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

MKC's Q4 results reflect gains from organic sales growth and savings from the Comprehensive Continuous Improvement.

McCormick (MKC) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.85 per share a year ago.

Cholula hot sauce maker McCormick forecast annual sales and profit below analysts' estimates on Thursday, hurt by a persistent slump in demand for its spices and condiments, especially in China, as well as higher marketing expenses.

HUNT VALLEY, Md. , Jan. 23, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the fourth quarter and fiscal year ended November 30, 2024 and provided its financial outlook for fiscal year 2025.

McCormick & Company, Incorporated MKC will release its fourth-quarter financial results, before the opening bell, on Thursday, Jan. 23, 2025.

MKC's Q4 results are likely to reflect improved volume trends, though high SG&A costs are likely to have dampened profits.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for McCormick (MKC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended November 2024.

McCormick (MKC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.