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McCormick & Company, Incorporated (MKC) Earnings Date, Estimates & Call Transcripts

$74.23
+0.29 (+0.39%)
(As of 05:12 PM ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 1Estimated
Actual EPS
(Jun. 27)
$0.69 Beat By $0.10
Consensus EPS
(Jun. 27)
$0.59
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MKC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MKC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

McCormick & Company, Incorporated Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$0.62$0.62$0.62 
Q2 20241$0.72$0.72$0.72 
Q3 20241$0.82$0.82$0.82 
Q4 20241$0.97$0.97$0.97 
FY 20244$3.13$3.13 $3.13

MKC Earnings Date and Information

McCormick & Company, Incorporated last announced its earnings results on June 27th, 2024. The reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.10. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. Its quarterly revenue was down 1.0% on a year-over-year basis. McCormick & Company, Incorporated has generated $2.74 earnings per share over the last year ($2.74 diluted earnings per share) and currently has a price-to-earnings ratio of 27.0. Earnings for McCormick & Company, Incorporated are expected to grow by 6.67% in the coming year, from $2.85 to $3.04 per share. McCormick & Company, Incorporated has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, October 1st, 2024 based off prior year's report dates.

McCormick & Company, Incorporated Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
10/1/2024
(Estimated)
------- 
6/27/2024Q2 2024$0.59$0.69+$0.10$0.70$1.63 billion$1.64 billion      
3/26/2024Q1 2024$0.58$0.63+$0.05$0.64$1.55 billion$1.60 billion    
1/25/2024Q4 2023$0.79$0.85+$0.06$0.89$1.78 billion$1.75 billion    
10/3/2023Q3 2023$0.65$0.65-$0.67$1.70 billion$1.68 billion    
6/29/2023Q2 2023$0.58$0.60+$0.02$0.64$1.67 billion$1.66 billion      
3/28/2023Q1 2023$0.49$0.59+$0.10$0.66$1.54 billion$1.57 billion      
1/26/2023Q4 2022$0.86$0.73($0.13)$0.77$1.77 billion$1.70 billion      
10/6/2022Q3 2022$0.65$0.69+$0.04$0.56$1.59 billion$1.60 billion      
6/29/2022Q2 2022$0.65$0.48($0.17)$0.52$1.61 billion$1.54 billion    
3/29/2022Q1 2022$0.59$0.63+$0.04$0.69$1.47 billion$1.52 billion    
1/27/2022Q4 2021$0.80$0.84+$0.04$0.95$1.71 billion$1.73 billion    
9/29/2021Q3 2021$0.72$0.80+$0.08$0.81$1.54 billion$1.59 billion    
6/30/2021Q2 2021$0.62$0.69+$0.07$0.70$1.47 billion$1.56 billion    
3/29/2021Q1 2021$0.58$0.72+$0.14$0.84$1.37 billion$1.48 billion    
1/27/2021Q4 2020$0.81$0.79($0.02)$0.84$1.56 billion$1.56 billion    
10/5/2020Q3 2020$0.76$0.7650+$0.0050$1.53$1.39 billion$1.43 billion    
6/25/2020Q2 2020$0.58$0.7350+$0.1550$1.48$1.37 billion$1.40 billion    
3/31/2020Q1 2020$0.5150$0.54+$0.0250$1.08$1.23 billion$1.21 billion    
1/28/2020Q4 2019$0.8050$0.8050-$1.63$1.52 billion$1.48 billion    
10/1/2019Q3 2019$0.6450$0.73+$0.0850$1.49$1.34 billion$1.33 billion    

McCormick & Company, Incorporated Earnings - Frequently Asked Questions

When is McCormick & Company, Incorporated's earnings date?

McCormick & Company, Incorporated has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, October 1st, 2024 based off last year's report dates. Learn more on MKC's earnings history.

What guidance has McCormick & Company, Incorporated issued on next quarter's earnings?

McCormick & Company, Incorporated issued an update on its FY24 earnings guidance on Thursday, June, 27th. The company provided earnings per share (EPS) guidance of $2.80-2.85 for the period, compared to the consensus earnings per share estimate of $2.86. The company issued revenue guidance of down 2% to flat yr/yr to ~$6.53-6.67 billion, compared to the consensus revenue estimate of $6.67 billion.

Did McCormick & Company, Incorporated beat their earnings estimates last quarter?

In the previous quarter, McCormick & Company, Incorporated (NYSE:MKC) reported $0.69 earnings per share (EPS) to beat the analysts' consensus estimate of $0.59 by $0.10. Learn more on analysts' earnings estimate vs. MKC's actual earnings.

How can I listen to McCormick & Company, Incorporated's earnings conference call?

The conference call for McCormick & Company, Incorporated's latest earnings report can be listened to online. Listen to Conference Call

How can I read McCormick & Company, Incorporated's conference call transcript?

The conference call transcript for McCormick & Company, Incorporated's latest earnings report can be read online. Read Transcript

How can I view McCormick & Company, Incorporated's earnings report?

McCormick & Company, Incorporated's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does McCormick & Company, Incorporated generate each year?

McCormick & Company, Incorporated (NYSE:MKC) has a recorded annual revenue of $6.66 billion.

How much profit does McCormick & Company, Incorporated generate each year?

McCormick & Company, Incorporated (NYSE:MKC) has a recorded net income of $680.60 million. MKC has generated $2.74 earnings per share over the last four quarters.

What is McCormick & Company, Incorporated's price-to-earnings ratio?

McCormick & Company, Incorporated (NYSE:MKC) has a trailing price-to-earnings ratio of 27.03 and a forward price-to-earnings ratio of 25.99. The price/earnings-to-growth ratio is 3.78.

What is McCormick & Company, Incorporated's EPS forecast for next year?

McCormick & Company, Incorporated's earnings are expected to grow from $2.85 per share to $3.04 per share in the next year, which is a 6.67% increase.


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This page (NYSE:MKC) was last updated on 7/24/2024 by MarketBeat.com Staff

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