Published on 25 Apr 2024 on Zacks via Yahoo Finance
McCormick (MKC) Down 0.2% Since Last Earnings Report: Can It Rebound?
It has been about a month since the last earnings report for McCormick (MKC). Shares have lost about 0.2% in that time frame, outperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is McCormick due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
McCormick Q1 Earnings & Sales Top Estimates, Grow Y/Y