McCormick & Co. (MKC) - Get Report is expected to report net income of $171.7 million, or $1.29 a share, on sales of $1.3 billion before the market opens on Tuesday, based on a FactSet survey of 9 analysts.
In the same period a year ago, the company posted earnings of $1.28 a share on sales of $1.3 billion. It reported net income of $123.3 million.
The stock has risen 0.6% since the company last reported earnings on Jun. 27.
Quarterly estimates have fallen less than 1 cent a share in the past month.
In the upcoming quarter, analysts are forecasting net income of $225.7 million, or $1.71 a share, on sales of $1.5 billion.
McCormick is currently trading at a price-to-forward-earnings ratio of 27.9 based on the 12-month estimates of 9 analysts surveyed by FactSet.
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