McCormick & Co Q3 EPS $0.69 Misses $0.94 Estimate, Sales $1.60B Miss $1.78B Estimate

McCormick & Co (NYSE:MKC) reported quarterly earnings of $0.69 per share which missed the analyst consensus estimate of $0.94 by 26.6 percent. This is a 13.75 percent decrease over earnings of $0.80 per share from the same period last year. The company reported quarterly sales of $1.60 billion which missed the analyst consensus estimate of $1.78 billion by 10.34 percent. This is a 3.03 percent increase over sales of $1.55 billion the same period last year.