McCormick & Co., Inc. - Ordinary Shares (Non Voting)

NYSE:MKC   11:00:46 AM EDT
+0.04 (+0.04%)
Other Pre-Announcement

Mccormick Reports Q3 Adjusted Earnings Per Share $1.53

Published: 09/29/2020 10:47 GMT
McCormick & Co., Inc. - Ordinary Shares (Non Voting) (MKC) - Mccormick Reports Strong Third Quarter Results, Provides 2020 Outlook and Announces 2-for-1 Stock Split.
Q3 Adjusted Earnings per Share $1.53.
Q3 Earnings per Share $1.53.
Q3 Sales Rose 8 Percent.
Q3 Earnings per Share Estimate $1.52 -- Refinitiv Ibes Data (analyst estimates).
Sees FY 2020 Adjusted Earnings per Share $5.64 to $5.72 Excluding Items.
Sees FY 2020 Earnings per Share $5.60 to $5.68.
In 2020, Company Expects to Grow Sales Compared to 2019 at Upper End of a 4% to 5% Range.
Results for Q3 Continued to Be Significantly Impacted by Sustained Consumer Preference for Cooking More at Home.
FY2020 Earnings per Share View $5.76 -- Refinitiv Ibes Data (analyst estimates).
Qtrly Net Sales $1,430.3 Million Versus $1,329.2 Million.
Q3 Revenue View $1.39 Billion -- Refinitiv Ibes Data (analyst estimates).