Compared to Estimates, Constellation Brands (STZ) Q3 Earnings: A Look at Key Metrics

Core Viewpoint - Constellation Brands reported a decline in revenue and earnings per share (EPS) for the quarter ended November 2025, indicating potential challenges in its financial performance [1]. Financial Performance - Revenue for the quarter was $2.22 billion, down 9.8% year-over-year, but exceeded the Zacks Consensus Estimate of $2.18 billion by 2.18% [1]. - EPS for the quarter was $3.06, compared to $3.25 a year ago, missing the consensus estimate of $2.65 [1]. Key Metrics - Net Sales for Wine and Spirits were $213.1 million, significantly above the average estimate of $170.25 million, but represented a year-over-year decline of 50.6% [4]. - Net Sales for Beer were $2.01 billion, matching the average estimate, with a slight year-over-year decrease of 1.1% [4]. - Operating Income for Wine and Spirits was $33.7 million, exceeding the estimate of $10.85 million [4]. - Operating Income for Beer was $763.5 million, surpassing the average estimate of $724.82 million [4]. - Corporate Operations and Other reported an Operating Income of -$58.3 million, better than the estimated -$61.78 million [4]. Stock Performance - Shares of Constellation Brands have returned +0.2% over the past month, underperforming the Zacks S&P 500 composite's +1.2% change [3]. - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance in the near term [3].