McCormick & Co: Q2 Earnings Insights

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McCormick & Co MKC reported its Q2 earnings results on Thursday, June 29, 2023 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

McCormick & Co beat estimated earnings by 5.26%, reporting an EPS of $0.6 versus an estimate of $0.57.

Revenue was up $122.20 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 0.02% increase in the share price the next day.

Here's a look at McCormick & Co's past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.51 0.86 0.94 0.65
EPS Actual 0.59 0.73 0.69 0.48
Revenue Estimate 1.54B 1.77B 1.78B 1.61B
Revenue Actual 1.57B 1.70B 1.60B 1.54B

To track all earnings releases for McCormick & Co visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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