Bitcoin
$73,798.32
+5056.02
Ethereum
$2,623.17
+189.1
Litecoin
$69.44
+2.54
DigitalCash
$22.79
+0.89
Monero
$161.45
+2.49
Nxt
$0.00
0
Ethereum Classic
$19.09
+1.13
Dogecoin
$0.20
+0.03

Key highlights from McCormick & Company’s (MKC) Q3 2023 earnings results

0

McCormick & Company, Incorporated (NYSE: MKC) reported third quarter 2023 earnings results today.

Net sales increased 6% year-over-year to $1.68 billion, but narrowly missed estimates of $1.70 billion.  

Net income was $170.1 million, or $0.63 per share, compared to $222.9 million, or $0.82 per share, last year. Adjusted EPS was $0.65, in line with expectations.  

The company expects sales to grow 5-7% for the full year of 2023. Adjusted EPS for the year is expected to range between $2.62-2.67.

The stock fell over 2% in premarket hours on Tuesday following the announcement.  

Prior performance

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Please enter CoinGecko Free Api Key to get this plugin works.