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McCormick & Co. (MKC) Misses Q4 EPS by 3c, Offers Outlook

January 24, 2019 6:33 AM EST

McCormick & Co. (NYSE: MKC) reported Q4 EPS of $1.67, $0.03 worse than the analyst estimate of $1.70. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.55 billion.

GUIDANCE:

McCormick & Co. sees FY2019 EPS of $5.17-$5.27, versus the consensus of $5.40.

  • In 2019, the company expects to grow sales compared to 2018 by 1% to 3%, which in constant currency is a 3% to 5% projected growth rate

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



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