McCormick Raised FY23 Adj EPS Outlook To $2.60 - $2.65 From $2.56 - $2.61 Vs. $2.63 Est.
Portfolio Pulse from Benzinga Newsdesk
McCormick has increased its FY23 adjusted EPS outlook to $2.60 - $2.65, up from the previous estimate of $2.56 - $2.61. This is slightly above the estimated $2.63.
June 29, 2023 | 10:35 am
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McCormick's raised FY23 adjusted EPS outlook could potentially lead to a positive market reaction.
McCormick's raised FY23 adjusted EPS outlook is above the estimated $2.63, which could be seen as a positive signal by investors. This could potentially lead to an increase in the stock price in the short term.
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