Constellation Brands' (STZ) Q2 results reflect gains from strong sales and operating income for the beer segment, offset by a soft wine and spirits business, and inflation headwinds.
Constellation Brands' (STZ) reported fiscal second quarter earning that topped analyst estimates on both the top and bottom lines. The beverage company's results got a boost from beer sales, especiall

Constellation Brands beats earnings estimates

12:03pm, Thursday, 05'th Oct 2023
CNBC's Brandon Gomez reports on news from Constellation Brands.
Constellation Brands Inc (NYSE: STZ) lost about 2.0% today even though it reported market-beating results for its fiscal second quarter. Constellation saw weakness in wine and spirits The stock is tre
Modelo and Corona parent Constellation Brands (NYSE:STZ) reported better than expected sales, nonetheless for its second quarter, with revenue reported at $2.84bn. The revenue figure exceeded analyst
Constellation Brands, Inc. (NYSE:STZ ) reported fiscal second-quarter profits of $3.70 per share and $2.84 billion in revenue before the bell, both of which bested analysts' estimates.
Constellation Brands (STZ) came out with quarterly earnings of $3.70 per share, beating the Zacks Consensus Estimate of $3.38 per share. This compares to earnings of $3.17 per share a year ago.
Although the revenue and EPS for Constellation Brands (STZ) give a sense of how its business performed in the quarter ended August 2023, it might be worth considering how some key metrics compare with
Revenue growth was driven by demand for its Modelo Especial and Modelo Chelada brands as well as Corona Extra.
Constellation Brands expects fiscal 2024 adjusted earnings of between $12 and $12.20 a share.
Constellation Brands Inc.'s stock STZ, +0.41% fell 2% in premarket trade Thursday, after the distributor of Corona beer and Kim Crawford wines posted better-than-expected earnings for its fiscal secon
Here is how Constellation Brands (STZ) and Molson Coors Brewing (TAP) have performed compared to their sector so far this year.
We got some slightly better September Manufacturing numbers than expected from the final S&P PMI and ISM reports.

The Q3 Earnings Season Gets Underway

04:32pm, Friday, 29'th Sep 2023
The Q3 reporting cycle has begun, with results from 16 S&P 500 members out as of September 29th. But the cycle will really pick up steam when the big banks start coming out with their quarterly number
Constellation Brands (NYSE:STZ) may have investors raising a glass when it reports quarter earnings ahead of the opening bell on October 5, 2023. The alcoholic beverages maker is expected to report a
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