McCormick & Company, Incorporat (MKC) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.86
- Estimate
- $0.76
- Surprise
- +13.8%
- Revenue (period 2026-08-31)
- $2.02B
- Score at report (before → after)
- 5.4 → 5.6/10
Revenue source: xbrl.
How the report landed
McCormick & Company, Incorporat (MKC) beat the $0.76 estimate with adjusted EPS of $0.86 — a large 13.8% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.4/10) to Hold at 5.6/10 after the report.
Coverage in the report window
- Stifel Maintains Hold on McCormick & Co, Lowers Price Target to $48 — benzinga, 2026-10-02
Where TrendMatrix's rating stands now
TrendMatrix currently rates MKC Buy (Wait) at 5.7/10.
3 of the last 4 quarters beat the estimate; this quarter's +13.8% surprise compares with a +6.9% four-quarter average.
What supports the rating
- Sector modifier (Consumer Defensive): +0.8
- Attractive valuation
What argues against it
- Cyclical risk: PE expanding 1.8x (earnings normalizing)
- Weak growth
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $44.14
- Entry target
- $42.71
- Price target
- $52.27
- Stop
- $39.87
- Upside to target
- +18.4%
- Reward-to-risk
- 2.9:1
Forward estimates sit below the trailing run-rate (14.1× forward vs 7.7× trailing) — consensus expects earnings to decline from here.
Risk check: RSI 15 — a level conventionally read as oversold; trading volume is running 2.4× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-02 — shown for context, not personalized investment advice.
MKC at TrendMatrix's latest read
Defensive staples are judged on margin resilience: pricing power against input costs matters more here than top-line drama.
- Industry
- Packaged Foods
- Market cap
- $12.47B
- P/E (fwd)
- 14.1
- P/E (ttm)
- 7.7
- 52-week range
- $44.82–$72.41
- Off 52-week high
- 39.0%
- RSI (14)
- 15
- Volume vs avg
- 2.42×
- Score today
- 5.7/10