MKC Beats Q2 Estimates
McCormick & Company Inc. reports Q2 results exceeding Wall Street expectations with net sales of $1.937 billion and adjusted earnings of 80 cents per share
McCormick & Company Inc. (NYSE: MKC ) on Thursday reported second-quarter results that exceeded Wall Street expectations. 912 billion. Adjusted earnings came in at 80 cents per share, topping analysts’ expectations of 69 cents.
09. 88 billion. CEO Brendan M. 96 on Friday.
These analysts made changes to their price targets on McCormick following earnings announcement. Deutsche Bank analyst Stephen Powers maintained McCormick with a Buy and raised the price target from $59 to $60. Bernstein analyst Alexia Howard maintained the stock with an Outperform rating and lowered the price target from $77 to $68. Considering buying MKC stock?
Here’s what analysts think: Photo via Shutterstock