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McCormick (MKC) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

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For the quarter ended February 2026, McCormick (MKC - Free Report) reported revenue of $1.87 billion, up 16.7% over the same period last year. EPS came in at $0.66, compared to $0.60 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $1.79 billion, representing a surprise of +4.91%. The company delivered an EPS surprise of +9.07%, with the consensus EPS estimate being $0.61.

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: $729 million versus $724.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +6.3% change.
  • Net Sales- Consumer: $1.15 billion versus the two-analyst average estimate of $1.05 billion. The reported number represents a year-over-year change of +24.6%.
  • Operating income excluding special charges and transaction and integration expenses- Flavor Solutions: $88 million compared to the $83.78 million average estimate based on two analysts.
  • Operating income excluding special charges and transaction and integration expenses- Consumer: $180 million versus the two-analyst average estimate of $171.55 million.

View all Key Company Metrics for McCormick here>>>

Shares of McCormick have returned -23.2% over the past month versus the Zacks S&P 500 composite's -7.6% 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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