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Saturday, 28 June 2025
Investing

McCormick & Co. Q2 Profit Decreases, But Beats Estimates

McCormick & Co. Q2 Profit Decreases, But Beats Estimates

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The company earned $ 175.0 million, or $ 0.65 per share. It compares with $ 184.2 million per share last year, or $ 0.68 per share.

Except for the item, McCormic & Company reported adjusted income of $ 184.8 million or $ 0.69 per share for the period.

Analysts expected an average to earn $ 0.65 per share to the company. Analysts usually exclude special objects.

The company’s revenue for this period rose 1.643 billion to 1.659 billion to $ 1.659 billion last year.

McCormic & Company Earning at a glance (GAAP):

-Arsing: $ 175.0 MLN. Vs $ 184.2 MLN. Last year. -EPS: $ 0.65 vs $ 0.68 last year. -Revenue: $ 1.659 BLN vs $ 1.643 Bln last year.

-Guidance: Full year EPS Guidance: $ 3.03 to $ 3.08

The idea and opinion expressed here are the idea and opinion of the author and not necessarily Nasdac, Inc.

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