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McCormick (MKC) Q2 Earnings Coming Up: Factors to Note
MKCMcCormick(MKC) ZACKS·2024-06-27 02:01

McCormick & Company, Incorporated (MKC) is likely to register top- and bottom-line decline when it reports second-quarter fiscal 2024 earnings on Jun 27. The Zacks Consensus Estimate for revenues is pegged at $1.6 billion, suggesting a decline of almost 2% from the prior-year quarter's reported figure. The global leader in flavor has a trailing four-quarter earnings surprise of 5.4%, on average. MKC delivered an earnings surprise of 8.6% in the last reported quarter. The company has been grappling with cost ...