Constellation Brands (STZ) Beats on Q4 Earnings, Sales Rise

Constellation Brands, Inc. (STZ) reported fourth-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. The company’s sales and earnings improved year over year. Results have primarily gained from the continued strong performance of the beer business.Comparable earnings of $2.26 per share for the fiscal fourth quarter grew 14$2.10. On a reported basis, the company has recorded earnings of $2.14, up 77% f ...