McCormick (MKC) reported $1.61 billion in revenue for the quarter ended February 2025, representing a year-over-year increase of 0.2%. EPS of $0.60 for the same period compares to $0.63 a year ago.
The reported revenue represents a surprise of -0.38% over the Zacks Consensus Estimate of $1.61 billion. With the consensus EPS estimate being $0.64, the EPS surprise was -6.25%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how McCormick performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- Flavor Solutions: $686 million compared to the $682.40 million average estimate based on two analysts. The reported number represents a change of +0.7% year over year.
- Net Sales- Consumer: $919 million compared to the $928.64 million average estimate based on two analysts. The reported number represents a change of -0.3% year over year.
- Operating income excluding special charges and transaction and integration expenses- Flavor Solutions: $79 million versus $65.54 million estimated by two analysts on average.
- Operating income excluding special charges and transaction and integration expenses- Consumer: $147 million versus the two-analyst average estimate of $166.59 million.
Shares of McCormick have returned -1.1% over the past month versus the Zacks S&P 500 composite's -3.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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This article originally published on Zacks Investment Research (zacks.com).
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