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

NYSE:MKC  
85.71
+0.98 (+1.16%)
4:00:00 PM EDT: $85.76 +0.05 (+0.06%)
Positive Earnings Pre-Announcement

Mccormick Reports Strong Q2 Sales Growth And Increases 2021 Financial Outlook

Published: 07/01/2021 10:43 GMT
McCormick & Co., Inc. - Ordinary Shares (Non Voting) (MKC) - Mccormick Reports Strong Second Quarter Sales Growth and Increases 2021 Financial Outlook.
Q2 Adjusted Earnings per Share $0.69.
Q2 Earnings per Share $0.68.
Q2 Sales Rose 11 Percent.
Q2 Earnings per Share Estimate $0.62 -- Refinitiv Ibes Data (analyst estimates).
Sees FY Sales Up 11 to 13 Percent.
Increased Its Projected 2021 Earnings per Share to Be in Range of $2.83 to $2.88.
Excluding Impacts, Company Projects 2021 Adjusted Earnings per Share to Be in Range of $3.00 to $3.05.
Qtrly Net Sales $1,556.7 Million Versus $1,401.1 Million.
Q2 Revenue View $1.47 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2021 Earnings per Share View $3.00, Revenue View $6.12 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $1.53 Billion
Adjusted EPS is expected to be $0.73

Next Quarter Revenue Guidance is expected to be $1.71 Billion
Next Quarter EPS Guidance is expected to be $0.90

More details on our Analysts Page.