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Read More McCormick continues to expect 2016 adjusted earnings to be in the range of $3.75 to $3.79 per share, up from the previous guidance of $3.68 to $3.75 per share. The new guidance marks an increase of 8% to 9% compared with $3.48 in 2015. On a constant currency basis, adjusted earnings are expected to grow in the range of 12% to 13%. The Zacks Consensus Estimate for fiscal 2016 stands at $3.75 per share, which is at the lower end of the guidance. Our Take Overall, McCormick is focusing on building sales through acquisitions, and expects strong sales momentum to continue in fiscal 2016. Its cost saving initiative is also appealing. interview skills niThe company expects currency headwinds to continue in 2016. However, earnings growth might get hurt by higher brand marketing expenses. Zacks Rank Currently, McCormick has a Zacks Rank #2 (Buy).
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