Can Constellation Brands (STZ) Beat Q1 Earnings Amid High Costs?

In the last reported quarter, the alcohol behemoth delivered an earnings surprise of 7.6%. Its bottom line beat estimates by 6.3%, on average, over the trailing four quarters. The beer segment has also been witnessing premiumization gains, with growth in traditional beer and the flavor category, including seltzers, flavored beer, RTD spirits and flavored malt beverages. These are likely to have aided the top line in the to-be-reported quarter. Our proven model does not conclusively predict an earnings beat ...