MCCORMICK & CO/SH SH (NYSE:MKC.V) Releases Earnings Results

MCCORMICK & CO/SH SH (NYSE:MKC.V) released its quarterly earnings results on Thursday. The company reported $0.80 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $1.94 billion for the quarter.

MCCORMICK & CO/SH SH Trading Up 4.5%

Shares of NYSE MKC.V opened at $51.09 on Friday. The stock has a market capitalization of $13.73 billion, a price-to-earnings ratio of 8.37 and a beta of 0.53. MCCORMICK & CO/SH SH has a 12-month low of $44.30 and a 12-month high of $77.49. The firm’s 50-day moving average price is $48.43 and its 200-day moving average price is $58.01.

MCCORMICK & CO/SH SH Company Profile

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. The company operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as desserts. This segment markets its products under the McCormick, French, Frank's RedHot, Lawry's, Club House, Gourmet Garden, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brand names in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brand names in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia.