McCormick & Company reported earnings of $0.04, falling short of expectations, while profits met forecasts.

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McCormick & Company reported earnings of $0.04, falling short of expectations, while profits met forecasts.

According to the McCormick & Company (NYSE: MKC) report, the earnings per share for the first quarter was $0.60, which is $0.04 lower than analysts' expectations of $0.64. The reported earnings for this quarter amounted to $1.61 billion, aligning with analyst projections of $1.61 billion.

McCormick & Company stock closed the day at $80.34, indicating a 4.58% increase over the past three months and a 3.87% gain over the last year. While the company has shown positive earnings per share in the last 90 days, it has also experienced negative earnings in the same period. Explore how McCormick & Company stock reacted to past earnings reports. According to InvestingPro, the financial health score of McCormick & Company is "Very Good." Check out the latest earnings reports and all financial information of McCormick & Company. Stay updated on all developments related to balance sheets by visiting Investing.com Earnings Calendar.