financetom
Business
financetom
/
Business
/
McCormick's Fiscal Q4 Adjusted Earnings Decline, Revenue Increases
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
McCormick's Fiscal Q4 Adjusted Earnings Decline, Revenue Increases
Jan 23, 2025 4:09 AM

06:55 AM EST, 01/23/2025 (MT Newswires) -- McCormick & Company ( MKC ) reported fiscal Q4 adjusted earnings Thursday of $0.80 per diluted share, down from $0.85 a year earlier.

Analysts polled by FactSet expected $0.77.

Revenue for the quarter ended Nov. 30 was $1.80 billion, compared with $1.75 billion a year earlier.

Analysts surveyed by FactSet expected $1.77 billion.

For fiscal 2025, the company expects adjusted EPS of $3.03 to $3.08. Analysts surveyed by FactSet expect $3.10.

The company expects net sales growth of 0% to 2% for the fiscal year. Analysts surveyed by FactSet expect $6.86 billion.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TransAlta Swings To Q3 EPS GAAP Loss, But Says
TransAlta Swings To Q3 EPS GAAP Loss, But Says "Tracking Toward the Upper End of Its 2024 Guidance"
Nov 5, 2024
07:58 AM EST, 11/05/2024 (MT Newswires) -- TransAlta ( TAC ) on Tuesday reported a surprise EPS GAAP loss for the third quarter but said it is tracking toward the upper end of its 2024 guidance given its portfolio position and performance during the first nine months of the year. It reported net loss per share attributable to common shareholders,...
Top Premarket Gainers
Top Premarket Gainers
Nov 5, 2024
07:46 AM EST, 11/05/2024 (MT Newswires) -- Avalon GloboCare ( ALBT ) shares soared 89% pre-bell Tuesday, reversing from Monday's losses. ZyVersa Therapeutics ( ZVSA ) shares surged 46% after the company said that published data supported the potential of Inflammasome ASC Inhibitor IC 100 as a key component of obesity care. QuinStreet ( QNST ) shares advanced 28% after...
Meta Platforms Reportedly Ordered to Pay $15.7 Million for Violating South Korea Privacy Rules
Meta Platforms Reportedly Ordered to Pay $15.7 Million for Violating South Korea Privacy Rules
Nov 5, 2024
07:51 AM EST, 11/05/2024 (MT Newswires) -- Meta Platforms ( META ) has been ordered to pay 21.62 billion Korean won ($15.7 million) in fines by South Korea's privacy watchdog for collecting sensitive user data and handing it to advertisers, news outlets reported Tuesday. Meta's Facebook gleaned data on religion, sexuality, and politics from 980,000 South Korean users, which was...
Emerson Proposes Acquiring All Remaining Outstanding AspenTech Shares for $240 Each
Emerson Proposes Acquiring All Remaining Outstanding AspenTech Shares for $240 Each
Nov 5, 2024
07:50 AM EST, 11/05/2024 (MT Newswires) -- Emerson Electric ( EMR ) said Tuesday it has proposed acquiring all outstanding shares of AspenTech (AZPN) it does not already own for $240 each in cash. Upon deal completion, AspenTech would become a wholly owned subsidiary of Emerson, which currently owns roughly 57% of AspenTech's outstanding shares, Emerson said. Emerson also said...
Copyright 2023-2026 - www.financetom.com All Rights Reserved