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McCormick Earnings Preview: What to Expect

McCormick Earnings Preview: What to Expect

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With a market cap of $19.2 billion, McCormick & Company, Incorporated (MKC) is a global leader in the manufacture, marketing, and distribution of spices, seasonings, condiments, and flavorful products for both consumers and the food industry. Operating through its Consumer and Flavor Solutions segments, the company serves retail, foodservice, and industrial customers across the Americas, EMEA, and Asia-Pacific regions.
Analysts expect the Hunt Valley, Maryland-based company to report adjusted earnings of $0.82 per share in Q3 2025, down 1.2% from $0.83 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion.
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For fiscal 2025, analysts expect the spices and seasonings company to report an adjusted EPS of $3.04, up 3.1% from $2.95 in fiscal 2024. In addition, adjusted EPS is projected to grow 8.9% year-over-year to $3.31 in fiscal 2026.
Shares of MKC have decreased 5.2% over the past 52 weeks, lagging behind both the S&P 500 Index's ($SPX) 17.1% increase and the Consumer Staples Select Sector SPDR Fund's (XLP) over 3% rise over the same period.
McCormick stock jumped 5.3% on Jun. 26 after the company reported Q2 2025 adjusted earnings of $0.69 per share, beating analyst estimates, and posted $1.7 billion in revenue, which met expectations. The Consumer segment outperformed with a 3% revenue increase driven by organic sales growth, while adjusted operating income rose 10% across both business segments, aided by lower SG&A expenses.
Investor optimism was also fueled by management reaffirming full-year guidance, projecting 1% - 3% constant-currency revenue growth and a 3% increase in operating income and EPS at the midpoint.
Analysts' consensus view on McCormick's stock is moderately optimistic, with a "Moderate Buy" rating overall. Among 14 analysts covering the stock, six recommend "Strong Buy," one suggests "Moderate Buy," six advise "Hold," and one "Strong Sell." As of writing, the stock is trading below the average analyst price target of $85.40.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
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