Constellation Brands Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Constellation Brands (NYSE:STZ)

Core Insights - Constellation Brands, Inc. is set to release its second-quarter earnings results on October 6, with analysts expecting earnings of $3.41 per share, a decrease from $4.32 per share in the same period last year [1] - The company projects quarterly revenue of $2.48 billion, down from $2.92 billion a year earlier [1][2] Financial Outlook - On September 2, Constellation Brands revised its fiscal year 2026 outlook downward due to macroeconomic challenges impacting consumer demand [2] - Following the outlook cut, Constellation shares experienced a decline of 1.3%, closing at $134.67 [2] Analyst Ratings - Wells Fargo analyst Chris Carey maintained an Overweight rating but reduced the price target from $170 to $155 [4] - Barclays analyst Lauren Lieberman downgraded the stock from Overweight to Equal-Weight, cutting the price target from $202 to $150 [4] - BMO Capital analyst Andrew Strelzik kept an Outperform rating while lowering the price target from $215 to $190 [4] - TD Cowen analyst Robert Moskow maintained a Hold rating and decreased the price target from $180 to $152 [4] - Morgan Stanley analyst Dar Mohsenian maintained an Equal-Weight rating, reducing the price target from $195 to $176 [4]