McCormick & Co (NYSE:MKC) reported its Q2 earnings results on Wednesday, June 29, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
McCormick & Co missed estimated earnings by 26.15%, reporting an EPS of $0.48 versus an estimate of $0.65.
Revenue was down $20.20 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 0.37% increase in the share price the next day.
Here's a look at McCormick & Co's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.62 | 0.80 | 0.72 | 0.61 |
| EPS Actual | 0.63 | 0.84 | 0.80 | 0.69 |
| Revenue Estimate | 1.47B | 1.72B | 1.54B | 1.47B |
| Revenue Actual | 1.52B | 1.73B | 1.55B | 1.56B |
To track all earnings releases for McCormick & Co visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
