About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

For the quarter ended November 2024, Constellation Brands (STZ) reported revenue of $2.46 billion, down 0.3% over the same period last year. EPS came in at $3.25, compared to $3.19 in the year-ago quarter.The reported revenue represents a surprise of -3.16% over the Zacks Consensus Estimate of $2.54 billion. With the consensus EPS estimate being $3.34, the EPS surprise was -2.69%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...

Constellation Brands (STZ) came out with quarterly earnings of $3.25 per share, missing the Zacks Consensus Estimate of $3.34 per share. This compares to earnings of $3.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.69%. A quarter ago, it was expected that this wine, liquor and beer company would post earnings of $4.11 per share when it actually produced earnings of $4.32, delivering a surprise of 5.11%.Over the last fo ...

Constellation Brands Inc STZ shares are trading lower after the company reported nearly flat third-quarter sales of $2.46 billion, missing the analyst consensus estimate of $2.53 billion.Net sales for the Beer segment increased 3% Y/Y to $2.03 billion, and Wine and Spirits declined 14% to $431.4 million. Shipment volume for Beer climbed 1.6%, while Wine and Spirits declined 16.4%.Gross profit increased 1% to $1.28 billion, and the operating income slid 0.4% to $793 million. The operating margin for the quar ...

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ROCHESTER, N.Y., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its third quarter fiscal 2025 financial results. 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 Friday, January 10, 2025 at 10:30 a.m. ET. Visit ir.cbrands.com to locate information for joining the conference call, or a live, listen- ...

ROCHESTER, N.Y., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE:STZ), a leading beverage alcohol company, announced today that on January 8, 2025, its Board of Directors declared a quarterly cash dividend of $1.01 per share of Class A Common Stock payable on February 21, 2025, to stockholders of record as of the close of business on February 7, 2025. ABOUT CONSTELLATION BRANDSConstellation Brands (NYSE:STZ) is a leading international producer and marketer of beer, wine, and spirits with ...

Core Viewpoint - Constellation Brands Inc is facing negative analyst sentiment ahead of its upcoming earnings report, with price targets being lowered by major financial institutions [1][5] Group 1: Earnings Report and Analyst Sentiment - The fourth-quarter earnings report for Constellation Brands is scheduled for January 9, 2025, before market open [1] - J.P. Morgan Securities and Wells Fargo have reduced their price targets for the company to $262 and $275, down from $293 and $295, respectively [1] Group 2: Stock Performance - Constellation Brands' stock is currently trading at $220.42, reflecting a year-over-year decline of 11.5% [2] - The stock recently hit a 52-week low of $217.52 on January 3 and has struggled to surpass its 20-day moving average since mid-December [2] Group 3: Post-Earnings Track Record - Historically, the stock has shown a weak post-earnings performance, with five out of the last eight sessions closing lower after earnings announcements [3] - The average stock movement post-earnings over the past two years has been 3.3%, while options traders are anticipating a larger swing of 4.3% this time [3] Group 4: Options Market Sentiment - Options traders exhibit a strong bullish sentiment, with a call/put volume ratio of 4.59, ranking higher than 94% of readings from the past year [4] - Among the firms analyzed, 16 out of 21 have a "buy" or better rating, and the consensus target price is $287.18, indicating a 30.4% premium to current levels [5]

Analysts on Wall Street project that Constellation Brands (STZ) will announce quarterly earnings of $3.34 per share in its forthcoming report, representing an increase of 4.7% year over year. Revenues are projected to reach $2.55 billion, increasing 3% from the same quarter last year.Over the last 30 days, there has been an upward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial for ...

Constellation Brands, Inc. (STZ) is scheduled to release third-quarter fiscal 2025 results on Jan. 9. The alcoholic beverage bigwig is expected to have recorded top and-bottom-line growth in the to-be-reported quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for the company’s fiscal third-quarter earnings is pegged at $3.34 per share, indicating 4.7% growth from the year-ago quarter’s actual. The consensus mark has moved down a penny in the past 3 ...