What McCormick & Company's Earnings Mean For Mutual Fund Investors (MKC)

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What McCormick & Company's Earnings Mean For Mutual Fund Investors (MKC)

Shauna O'Brien Mar 24, 2015



Inside MKC’s Results


The company reported earnings of $70.5 million, or 55 cents per share. Last year, the company reported earnings of $82.5 million, or 62 cents per share. Adjusted EPS was 70 cents, coming in above analysts’ view of 64 cents.

Revenue
Sales rose 2% to $1.01 billion from $993 million. On average, analysts expected to see $985 million in revenue.

Outlook
For FY12015, MKC expects to see adjusted EPS between $3.44 and $3.51. This guidance is down from the company’s previous outlook of EPS between $3.51 and $3.58.


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The Bottom Line


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