Constellation Brands (STZ) Tops Q1 EPS by 34c

June 28, 2019 7:35 AM EDT

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Constellation Brands (NYSE: STZ) reported Q1 EPS of $2.40, $0.34 better than the analyst estimate of $2.06. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.06 billion.

  • Generates reported basis EPS of $(1.30) and comparable basis EPS of $2.21, including Canopy Growth equity losses of $0.20. Excluding Canopy Growth equity losses, achieved comparable basis EPS of $2.40 or +9%

GUIDANCE:

Constellation Brands sees FY2020 EPS of $8.65-$8.95, versus the consensus of $8.57.

For earnings history and earnings-related data on Constellation Brands (STZ) click here.



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