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MKC
Benzinga
147 days

McCormick Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. McCormick's Q1 earnings expected at 64 cents per share, slightly up from last year. 2. Projected revenue of $1.61 billion, exceeding prior year's $1.6 billion. 3. Recent upgrades from analysts suggest positive outlook despite mixed ratings. 4. JP Morgan maintains 'Underweight' rating; others revised targets upwards. 5. McCormick shares rose 0.2%, closing at $80.34 before earnings release.

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FAQ

Why Bullish?

Analysts showing upgrades indicate positive market sentiment around MKC's performance, bolstered by higher revenue expectations.

How important is it?

Analysts' earnings expectations and upgrades reflect confidence, affecting MKC's stock in the immediate future.

Why Short Term?

Upcoming earnings report will likely trigger immediate market reactions based on performance results.

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