Investing.com - McCormick (NYSE:MKC)&Co reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
McCormick&Co announced earnings per share of $0.8 on revenue of $1.55B. Analysts polled by Investing.com anticipated EPS of $0.7251 on revenue of $1.54B.
McCormick&Co shares are down 12% from the beginning of the year and are trading at $83.69 , down-from-52-week-high.They are under-performing the S&P 500 which is up 16.06% 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 General Mills on Wednesday, September 22, 2021, who reported EPS of $0.99 on revenue of $4.54B, compared to forecasts EPS of $0.8883 on revenue of $4.3B.
Brown Forman A had beat expectations on Wednesday, September 1, 2021 with first quarter EPS of $0.4 on revenue of $906M, compared to forecast for EPS of $0.3897 on revenue of $830.95M.
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