McCormick & Company, Incorporated
Shortcut
0.75Normalized diluted EPS
-1.5% vs Street
Street
0.76Normalized diluted EPS
September 24 consensus snapshot
Real
0.86Normalized diluted EPS
Model download
Explore the assumptions and calculations behind the forecast.
Shortcut’s reasoning.
September 24 consensus data normalized consensus $0.76 (11 contributor estimates) and revenue $1,978.62m anchor the projection; September 28 syndicated Street segment forecasts imply approximately $1,975m sales.
The September 9 management conference flagged improved herb and condiment consumption but a softer US customer backdrop, recipe-mix pressure and roughly flat Flavor Solutions volumes; FY2026 outlook remained intact.
Consumer $1,178.8m plus Flavor Solutions $796.1m yields $1,974.9m; price, Mexico consolidation and currency partly offset forecast US Consumer volume weakness.
June Q2 benefited from a $28m IEEPA tariff refund not repeated in this forecast; modeled gross margin 38.53%, operating special charges $17m, $2m financing adjustments and a 24% tax rate yield normalized earnings $201.8m.
Four strict normalized EPS beats in six supplied history rows imply a regularized 73.14% starting beat probability; weaker September business commentary and negative recent estimate revision temper final probability to 66%.
On the record.
- Reporting period
- FQ3 2026 - Aug 2026
- Reporting basis
- Normalized diluted EPS
- Consensus snapshot
- September 24, 2026
- Model / effort
- GPT Sol 6 · High effort
- Workbook
- Reviewed workbook
- Forecast history
- Original September 28 forecast ↗
Record history
- Forecast generated
- Sep 29, 2026 at 12:16 PM PDT
- First published
- Sep 29, 2026 at 4:00 PM PDT
Forecast summary
- The revised model estimates normalized diluted EPS of $0.75, compared with the frozen September 24 Street estimate of $0.76.
- The revised research considers company size, index membership and prior earnings history before weighing quarter-specific evidence. Historical beat rates are a starting assumption, not a mechanical increase to EPS.
How this result is scored
The Street baseline: consensus snapshot, September 24, 2026. Results are scored only after the earnings basis is matched. Read the methodology.