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Barchart
Barchart
Aditya Sarawgi

What You Need To Know Ahead of McCormick & Company's Earnings Release

Hunt Valley, Maryland-based McCormick & Company, Incorporated (MKC) manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. With a market cap of $20.4 billion, McCormick operates through Consumer and Flavor Solutions segments.

The packaged foods giant is expected to announce its Q2 results on Thursday, Jun. 26. Ahead of the event, analysts expect MKC to report an adjusted EPS of $0.68, down 1.5% from $0.69 reported in the year-ago quarter. While the company has missed Street’s earnings expectations once over the past four quarters, it has surpassed the projections on three other occasions.

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