McCORMICK REPORTS SECOND QUARTER PERFORMANCE, REAFFIRMS 2024 OUTLOOK, AND ANNOUNCES 2024 INVESTOR DAY

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Go back to McCORMICK REPORTS SECOND QUARTER PERFORMANCE, REAFFIRMS 2024 OUTLOOK, AND ANNOUNCES 2024 INVESTOR DAY

McCormick & Company (MKC) PT Lowered to $80 at Argus

June 28, 2024 7:39 AM EDT

Argus analyst John Staszak lowered the price target on McCormick & Company (NYSE: MKC) to $80.00 (from $88.00) while maintaining a Buy rating.

The analyst comments "We are maintaining our BUY rating on McCormick & Company Inc. (NYSE: MKC), with a... More

Deutsche Bank on McCormick & Company (MKC): 'favorable momentum/ fundamental positioning'

June 28, 2024 4:56 AM EDT

Deutsche Bank analyst Steve Powers reiterated a Hold rating and $73.00 price target on McCormick & Company (NYSE: MKC).

The analyst comments "Altogether, we leave the quarter viewing MKC as having favorable momentum/ fundamental positioning vs. other packaged food peers. That said, we remain sidelined by a... More

McCormick & Co. (MKC) Tops Q2 EPS by 10c, Tops on Revenue; Offers FY24 EPS Guidance

June 27, 2024 6:33 AM EDT

McCormick & Co. (NYSE: MKC) reported Q2 EPS of $0.69, $0.10 better than the analyst estimate of $0.59. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.63 billion.

GUIDANCE:

McCormick & Co. sees FY2024 EPS of $2.80-$2.85, versus the consensus of... More