Constellation Brands (STZ) Raises Quarterly Dividend 1.4% to $0.75; 1.6% Yield
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Constellation Brands (STZ) Tops Q4 EPS by 11c, Offers FY Guidance
April 4, 2019 7:35 AM EDTConstellation Brands (NYSE: STZ) reported Q4 EPS of $1.84, $0.11 better than the analyst estimate of $1.73. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.73 billion.
GUIDANCE:
Constellation Brands sees FY2020 EPS of $8.50-$8.80, may not compare versus the... More
Constellation Brands (STZ) Budget Wine Divestiture Eliminates An Overhang - Wells Fargo
April 4, 2019 7:04 AM EDTWells Fargo analyst Bonnie Herzog reiterated an Outperform rating and $235.00 price target on Constellation Brands (NYSE: STZ) after the company announced the sale of its low-end wine portfolio to E. & J. Gallo for gross proceeds of $1.7B.
The analyst stated "Although the... More
