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 ...

Rescheduled from Thursday, January 9, 2025 in Observance of National Day of Mourning for Former President Jimmy CarterROCHESTER, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today a revised date to report its financial results for its third quarter ended November 30, 2024, of Friday, January 10, 2025, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President ...

Constellation Brands (STZ) has been beaten down lately with too much selling pressure. While the stock has lost 7.6% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator ...

Core Insights - The article emphasizes the importance of utilizing Zacks Premium for both new and experienced investors to enhance their stock market strategies and confidence in investing [1][2] Zacks Style Scores - Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum characteristics, serving as complementary indicators to the Zacks Rank [3][4] - Each stock is rated from A to F, with A indicating the highest potential for outperforming the market [4] Categories of Style Scores - **Value Score**: Focuses on identifying undervalued stocks using various financial ratios, appealing to value investors [5] - **Growth Score**: Targets stocks with strong financial health and growth potential, based on earnings and sales projections [6] - **Momentum Score**: Aims to capitalize on price trends, using recent price changes and earnings estimate shifts to identify high-momentum stocks [7] - **VGM Score**: Combines all three Style Scores to highlight stocks with the best value, growth, and momentum characteristics [8] Zacks Rank and Performance - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in building successful portfolios [9] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [10] Stock Recommendation: Constellation Brands (STZ) - Constellation Brands, a leading producer of beer, wine, and spirits, holds a 2 (Buy) rating on the Zacks Rank and has a VGM Score of A [15][16] - The company has a forward P/E ratio of 17.17, indicating attractive valuation metrics for value investors [16] - Recent earnings estimates for fiscal 2025 have been revised upward, with the Zacks Consensus Estimate increasing by $0.01 to $13.58 per share, alongside an average earnings surprise of 5.3% [16] - With strong ratings and favorable Style Scores, Constellation Brands is recommended for investors' consideration [17]

Investors interested in Beverages - Alcohol stocks are likely familiar with Constellation Brands (STZ) and Diageo (DEO) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimat ...

Core Viewpoint - Constellation Brands, Inc. will report its financial results for the third quarter ended November 30, 2024, on January 9, 2025, before U.S. market opening [1] Group 1: Financial Reporting - The financial results will be discussed in a conference call hosted by President and CEO Bill Newlands and CFO Garth Hankinson at 10:30 a.m. ET on January 9, 2025 [1] - Access to the conference call can be made by dialing +1-877-407-9121 with the conference identification number 13750414 [2] - A live webcast of the conference call will be available on the company's investor relations website [2] Group 2: Company Overview - Constellation Brands is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy [3] - The company aims to build beloved brands and is recognized as one of the fastest-growing large consumer packaged goods companies in the U.S. retail market [3] Group 3: Product Portfolio - The company offers high-end imported beer brands, including Corona Extra and Modelo Especial, as well as fine wine and craft spirits brands like The Prisoner Wine Company and Casa Noble Tequila [4] Group 4: Sustainability and ESG Strategy - Constellation Brands emphasizes sustainable and responsible operations, focusing on environmental stewardship, social equity, and promoting responsible beverage alcohol consumption [5]

Constellation Brands, Inc.’s (STZ) premiumization strategy has been encouraging, as demonstrated by the accelerated growth of its Power Brands. The company has been seeing strength in the beer business for a while now. In the latest announcement, STZ unveiled an agreement with a global spirits company, Sazerac, to divest its SVEDKA brand. However, the financial terms of the deal have been kept under wraps.More on STZ’s Latest NewsThis agreement is built on Constellation Brands’ strategic initiatives to alig ...

Constellation Brands, Inc. (NYSE:STZ) Morgan Stanley Global Consumer & Retail Conference December 3, 2024 2:15 PM ET Company Participants Garth Hankinson - CFO Conference Call Participants Dara Mohsenian - Morgan Stanley Dara Mohsenian Please see the Morgan Stanley research website at www.morganstanley.com for research disclosures. And if you have any questions, you can reach out to your Morgan Stanley representative. With that, I'm very pleased to welcome Constellation Brands and Garth Hankinson, Constella ...

Constellation Brands Inc. Svedka vodka at a liquor store in the Upper East Side neighborhood of New York, US, on Friday, June 28, 2024.Constellation Brands announced Tuesday it will sell its Svedka vodka brand to New Orleans-based spirits company Sazerac.The transaction is expected to close in the coming months, Constellation said in a press release. It did not disclose the value of the deal."The actions we have taken over the past several years to reshape our wine and spirits portfolio support our efforts ...