Constellation Brands Reports Second Quarter Fiscal 2020 Results

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RBC Capital Reiterates Outperform Rating on Constellation Brands (STZ)

October 4, 2019 7:38 AM EDT

RBC Capital analyst Nik Modi reiterated an Outperform rating and $250.00 price target on Constellation Brands (NYSE: STZ). STZ results were right in-line with our estimates, but investors seem to be caught up on the beer depletions.

RBC Capital raised FY'20 EPS estimates excl. Canopy to $9.15 from... More

Constellation Brands (STZ) Tops Q2 EPS by 12c, Updates Guidance

October 3, 2019 7:33 AM EDT

Constellation Brands (NYSE: STZ) reported Q2 EPS of $2.72, $0.12 better than the analyst estimate of $2.60. Revenue for the quarter came in at $2.34 billion versus the consensus estimate of $2.34 billion.

GUIDANCE:

Constellation Brands sees FY2020 EPS of $9.00-$9.20, versus the consensus of... More