McCormick & Co Q2 Adj. EPS $0.48 Misses $0.65 Estimate, Sales $1.54B Miss $1.61B Estimate

McCormick & Co (NYSE:MKC) reported quarterly earnings of $0.48 per share which missed the analyst consensus estimate of $0.65 by 26.15 percent. This is a 30.43 percent decrease over earnings of $0.69 per share from the same period last year. The company reported quarterly sales of $1.54 billion which missed the analyst consensus estimate of $1.61 billion by 4.55 percent. This is a 1.30 percent decrease over sales of $1.56 billion the same period last year.