McCormick: Fiscal Q3 Earnings Snapshot

HUNT VALLEY, Md. (AP) — HUNT VALLEY, Md. (AP) — McCormick & Co. (MKC) on Thursday reported fiscal third-quarter profit of $97.6 million.

The Hunt Valley, Maryland-based company said it had profit of 36 cents per share. Earnings, adjusted for non-recurring costs, were 86 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share.

The spices and seasonings company posted revenue of $2.02 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $1.98 billion.

McCormick expects full-year earnings in the range of $3.05 to $3.13 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MKC at https://www.zacks.com/ap/MKC