RTTNews | Sep 29, 2020 06:36AM EDT

06:36 Tuesday, September 29, 2020 (RTTNews.com) - McCormick & Co. (MKC) announced earnings for its third quarter that increased from last year.

The company's earnings totaled $206.1 million, or $1.53 per share. This compares with $191.9 million, or $1.43 per share, in last year's third quarter.

Excluding items, McCormick & Co. reported adjusted earnings of $206.2 million or $1.53 per share for the period.

Analysts had expected the company to earn $1.52 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.5% to $1.43 billion from $1.33 billion last year.

McCormick & Co. earnings at a glance:

-Earnings (Q3): $206.2 Mln. vs. $196.5 Mln. last year.-EPS (Q3): $1.53 vs. $1.46 last year.-Analysts Estimate: $1.52-Revenue (Q3): $1.43 Bln vs. $1.33 Bln last year.

-Guidance:Full year EPS guidance: $5.64 to $5.72

Read the original article on RTTNews ( https://www.rttnews.com/3132132/mccormick-co-q3-adjusted-earnings-beat-estimates.aspx)

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