McCormick & Company, Inc. (NYSE:MKC) Q1 2025 Earni…
From Financial Modeling Prep: 2025-03-24 08:00:00
McCormick & Company, Inc. (NYSE:MKC) is gearing up to announce its first-quarter 2025 earnings on March 25, with analysts predicting an EPS of $0.64 and revenue around $1.61 billion. Despite a 4.5% drop in earnings estimates, a 1.6% growth from the previous year is expected, driven by strong volume and cost-saving efforts.
The company is expected to see a 0.6% revenue increase from the same quarter last year, with a Zacks Consensus Estimate of nearly $1.6 billion. McCormick has a history of exceeding expectations, with an average earnings surprise of 12.9% over the last four quarters, showcasing its potential for stock price movement.
McCormick’s growth is fueled by robust volume, product mix, and cost-saving strategies, although high costs pose a risk. Despite challenges like inflation and tariffs, the company aims for revenue growth of 1% to 3% and adjusted operating income growth of 4% to 6% in fiscal year 2025, reflecting its resilience in the market.
Investors are keeping a close eye on McCormick’s upcoming earnings report, as it could dictate the stock’s trajectory. Positive results may lead to a stock price increase, while underperformance could trigger a decline. The company’s ability to meet or exceed expectations will shape investor sentiment and future earnings projections.
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