CONSTELLATION BRANDS REPORTS FISCAL YEAR AND FOURTH QUARTER 2020 RESULTS AND FISCAL YEAR 2021 OUTLOOK
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SunTrust Reiterates Buy Rating on Constellation Brands (STZ)
April 6, 2020 7:58 AM EDTSunTrust analyst William Chappell reiterated a Buy rating and $200.00 price target on Constellation Brands (NYSE: STZ). While STZ reported F4Q above expectations and withheld FY21 guidance, the focus of the call was STZs production in Mexico. It stated its breweries are still running,... More
Constellation Brands (STZ) Tops Q4 EPS by 53c
April 3, 2020 7:35 AM EDTConstellation Brands (NYSE: STZ) reported Q4 EPS of $2.18, $0.53 better than the analyst estimate of $1.65. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.84 billion.
PRE COVID-19 BUSINESS TARGET ASSUMPTIONS FOR FISCAL 2021:
Beer: net sales growth of... More