McCormick & Co. (MKC) Tops Q1 EPS by 5c, Withdraws Guidance

McCormick & Co. (NYSE: MKC) reported Q1 EPS of $1.08, $0.05 better than the analyst estimate of $1.03. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.23 billion.

• For the fiscal year 2020, McCormick is withdrawing its guidance due to the uncertainty of the duration and extent of the COVID-19 pandemic impact. The company reaffirms its long-term financial objectives and capital allocation priorities.

For earnings history and earnings-related data on McCormick & Co. (MKC) click here.

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