VICTOR, N.Y., April 11, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE:STZ), a leading beverage alcohol company, reported today its fiscal year and fourth quarter 2024 financial results and fiscal year 2025 outlook. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Thursday, April 11, 2024 at 10:30 a.m. EDT. Visit ir.cbrands.com to locate information for joining th ...

Wall Street analysts expect Constellation Brands (STZ) to post quarterly earnings of $2.10 per share in its upcoming report, which indicates a year-over-year increase of 6.1%. Revenues are expected to be $2.1 billion, up 5.3% from the year-ago quarter.The current level reflects an upward revision of 0.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a c ...

Constellation Brands, Inc. (STZ) is scheduled to release fourth-quarter fiscal 2024 results on Apr 11, 2024. The alcoholic beverage bigwig is expected to have recorded top and bottom-line growth in the to-be-reported quarter.The Zacks Consensus Estimate for the company’s fiscal fourth-quarter earnings is pegged at $2.10 per share, indicating 6.1% growth from the year-ago quarter’s reported figure. The consensus mark has moved down by a penny in the past 30 days. The consensus mark for revenues is pegged at ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Constellation Brands (STZ) , which belongs to the Zacks Beverages - Alcohol industry.This wine, liquor and beer company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 7.37%.For the last reported quarter, Constellation Brands came out with earnings of ...

Constellation Brands (STZ) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended February 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

In the latest trading session, Constellation Brands (STZ) closed at $267.41, marking a +0.53% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.72%. Elsewhere, the Dow saw a downswing of 1%, while the tech-heavy Nasdaq depreciated by 0.95%.Prior to today's trading, shares of the wine, liquor and beer company had gained 7.25% over the past month. This has outpaced the Consumer Staples sector's gain of 2.24% and the S&P 500's gain of 2.16% in that time.The upcoming earnings release ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Constellation Brands (STZ) .Constellation Brands currently has an average ...

Constellation Brands (STZ) closed the latest trading day at $266.35, indicating a -0.48% change from the previous session's end. This change lagged the S&P 500's 0.63% gain on the day. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.82%.Heading into today, shares of the wine, liquor and beer company had gained 9.76% over the past month, outpacing the Consumer Staples sector's gain of 1.73% and the S&P 500's gain of 1.76% in that time.The investment community will be closely monitori ...

Constellation Brands (STZ) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this wine, liquor and beer company have returned +6%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Beverages - Alcohol industry, which Constellation Brands falls in, has gained 0.8%. The key question now is: What could b ...

Alcohol stocks fall into the consumer staples sector for their defensive attributes. It’s not that people “need” their products, but they tend to buy them no matter the state of the economy. Not surprisingly, brewers delivered outsized earnings growth of 32.4 when compared to the earnings growth of the overall consumer staples sector.  However, earnings growth is expected to normalize relative to the sector. That means investors will have to be more selective in choosing alcohol stocks to buy. And it’s a re ...