McCormick & Co (NYSE:MKC) reported its Q4 earnings results on Thursday, January 27, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
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Earnings
McCormick & Co beat estimated earnings by 5.0%, reporting an EPS of $0.84 versus an estimate of $0.8, which did not surprise analysts.
Revenue was up $172.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08, which was followed by a 0.39% drop in the share price the next day.
Here's a look at McCormick & Co's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.72 | 0.61 | 0.58 | 0.89 |
| EPS Actual | 0.80 | 0.69 | 0.72 | 0.79 |
| Revenue Estimate | 1.54B | 1.47B | 1.38B | 1.56B |
| Revenue Actual | 1.55B | 1.56B | 1.48B | 1.56B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
