WASHINGTON (dpa-AFX) - McCormick & Co. (MKC) revealed earnings for its fourth quarter that rose from last year.
The company said its bottom line rose to $152.2 million, or $1.18 per share. This was up from $150.1 million, or $1.16 per share, in last year's fourth quarter.
Analysts had expected the company to earn $1.17 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 2.6% to $1.20 billion. This was up from $1.17 billion last year.
McCormick & Co. earnings at a glance:
-Earnings (Q4): $152.2 Mln. vs. $150.1 Mln. last year. -Earnings Growth (Y-o-Y): 1.4% -EPS (Q4): $1.18 vs. $1.16 last year. -EPS Growth (Y-o-Y): 1.7% -Analysts Estimate: $1.17 -Revenue (Q4): $1.20 Bln vs. $1.17 Bln last year. -Revenue Change (Y-o-Y): 2.6%
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