McCormick Reports On First Quarter Results And Latest 2016 Financial Outlook

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Go back to McCormick Reports On First Quarter Results And Latest 2016 Financial Outlook

McCormick & Co. (MKC) Tops Q1 EPS by 4c; Guides FY EPS In-Line

March 29, 2016 6:33 AM EDT

McCormick & Co. (NYSE: MKC) reported Q1 EPS of $0.73, $0.04 better than the analyst estimate of $0.69. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $1.03 billion.

GUIDANCE:

McCormick & Co. sees FY2016 EPS of $3.65-$3.72, versus the consensus of $3.69.

Lawrence E. Kurzius, President and CEO, stated, "McCormick's first quarter results were a great start to fiscal year 2016.... More