McCormick (NYSE: MKC) reported earnings on Sep. 27. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Aug. 31 (Q3), McCormick met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased and GAAP earnings per share grew.

Margins increased across the board.

Revenue details
 McCormick notched revenue of $977.7 million. The 10 analysts polled by S&P Capital IQ expected to see a top line of $990.5 million on the same basis. GAAP reported sales were 6.2% higher than the prior-year quarter's $920.4 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.78. The 14 earnings estimates compiled by S&P Capital IQ forecast $0.76 per share. GAAP EPS of $0.78 for Q3 were 13% higher than the prior-year quarter's $0.69 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 40.1%, 50 basis points better than the prior-year quarter. Operating margin was 14.7%, 60 basis points better than the prior-year quarter. Net margin was 10.7%, 70 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $1.17 billion. On the bottom line, the average EPS estimate is $1.14.

Next year's average estimate for revenue is $4.05 billion. The average EPS estimate is $3.05.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 380 members out of 395 rating the stock outperform, and 15 members rating it underperform. Among 138 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 134 give McCormick a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on McCormick is outperform, with an average price target of $61.58.

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