McCormick&Co earnings, Revenue miss in Q3

  • Investing.com
McCormick&Co earnings, Revenue miss in Q3

Investing.com - McCormick (NYSE: MKC )&Co reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

McCormick&Co announced earnings per share of $0.69 on revenue of $1.6B. Analysts polled by Investing.com anticipated EPS of $0.71 on revenue of $1.63B.

McCormick&Co shares are down 24% from the beginning of the year and are trading at $73.31 , down-from-52-week-high.

McCormick&Co follows other major Consumer Staples sector earnings this month

McCormick&Co's report follows an earnings beat by Costco on Thursday, September 22, 2022, who reported EPS of $4.2 on revenue of $72.09B, compared to forecasts EPS of $4.17 on revenue of $70.8B.

General Mills had beat expectations on Wednesday, September 21, 2022 with first quarter EPS of $1.11 on revenue of $4.7B, compared to forecast for EPS of $1 on revenue of $4.72B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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