28.06.2018 12:34:26

McCormick & Co. Q2 Income Climbs

(RTTNews) - McCormick & Co. (MKC) released earnings for its second quarter that climbed from the same period last year.

The company's bottom line totaled $123.3 million, or $1.02 per share. This compares with $100.0 million, or $0.82 per share, in last year's second quarter.

Analysts had expected the company to earn $0.93 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.8% to $1.33 billion from $1.11 billion last year.

McCormick & Co. earnings at a glance:

-Earnings (Q2): $123.3 Mln. vs. $100.0 Mln. last year. -EPS (Q2): $1.02 vs. $0.82 last year. -Analysts Estimate: $0.93 -Revenue (Q2): $1.33 Bln vs. $1.11 Bln last year.

-Guidance: Full year EPS guidance: $6.85 - $6.95

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