• McCormick & Company Inc MKC.N reported quarterly adjusted earnings of 80 cents​​ per share for the quarter ended November 30, lower than the same quarter last year, when the company reported EPS of 85 cents. The mean expectation of eleven analysts for the quarter was for earnings of 77 cents per share. Wall Street expected results to range from 75 cents to 79 cents per share.

• Revenue rose 2.6% to $1.80 billion from a year ago; analysts expected $1.77 billion.

• McCormick & Company Inc's reported EPS for the quarter was 80 cents​.

• The company reported quarterly net income of $215.2 million.

• McCormick & Company Inc shares had fallen by 3.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the food processing peer group is also "buy"

Wall Street's median 12-month price target for McCormick & Company Inc is $85.06

This summary was machine generated from LSEG data January 23 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)