Constellation Brands (STZ) Raises Quarterly Dividend 1.4% to $0.75; 1.6% Yield

Go back to Constellation Brands (STZ) Raises Quarterly Dividend 1.4% to $0.75; 1.6% Yield

Constellation Brands (STZ) Tops Q4 EPS by 11c, Offers FY Guidance

April 4, 2019 7:35 AM EDT

Constellation 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 EDT

Wells 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