McCormick Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
McCormick & Company (NYSE:MKC) is set to release its Q3 earnings on Oct. 1, with expectations of 67 cents per share and $1.67 billion in revenue. Analysts have mixed ratings, with some maintaining hold or underweight positions, while others have upgraded to buy. The company recently declared a quarterly dividend of 42 cents per share.
September 27, 2024 | 1:55 pm
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McCormick & Company is expected to report Q3 earnings of 67 cents per share and $1.67 billion in revenue. Analysts have mixed ratings, with some maintaining hold or underweight positions, while others have upgraded to buy. The company declared a quarterly dividend of 42 cents per share.
The upcoming earnings report and mixed analyst ratings create uncertainty around MKC's short-term stock price movement. The declared dividend may provide some support, but the overall impact is neutral due to the varied analyst opinions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100