Investing.com - McCormick (NYSE:MKC)&Co reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
McCormick&Co announced earnings per share of $0.79 on revenue of $1.56B. Analysts polled by Investing.com anticipated EPS of $0.8083 on revenue of $1.56B.
McCormick&Co shares are down 1% from the beginning of the year and are trading at $94.07 , down-from-52-week-high.They are under-performing the S&P 500 which is down 0.14% from the start of the year.
McCormick&Co follows other major Consumer/Non-Cyclical sector earnings this month
McCormick&Co's report follows an earnings beat by Procter&Gamble on Wednesday, January 20, 2021, who reported EPS of $1.64 on revenue of $19.75B, compared to forecasts EPS of $1.51 on revenue of $19.27B.
Kimberly-Clark had beat expectations on Monday with fourth quarter EPS of $1.69 on revenue of $4.84B, compared to forecast for EPS of $1.62 on revenue of $4.73B.
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