McCormick EPS beats by $0.01, beats on revenue


McCormick (NYSE:MKC): Q3 GAAP EPS of $1.53 beats by $0.01.

Revenue of $1.43B (+7.5% Y/Y) beats by $40M.

The company expects FY2020 revenue to rise at the upper end of 4%-5% vs. +3.44% consensus and adjusted EPS to be in the range of $5.64-$5.72 vs. consensus of $5.76.

The board approved a 2-for-1 stock split of the company’s common and common non-voting shares, record on November 20, 2020.

Shares +1.98% PM.

Press Release





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