UPDATE: McCormick Q2 Profit Rises 9%

McCormick & Co MKC reported a rise in its second-quarter earnings. McCormick's quarterly earnings surged to $80.4 million, or $0.60 per share, versus $73.6 million, or $0.55 per share, in the year-earlier period. Its sales rose to $984 million from $883.7 million. Analysts were expecting earnings of $0.60 per share on sales of $966.3 million. It continues to project 2012 earnings of $3.01 to $3.06 per share, versus analysts' estimates of $3.05 per share. McCormick shares closed at $57.42 yesterday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsGuidanceprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!