Constellation Brands Reports Fiscal Year and Fourth Quarter 2021 Results and Fiscal 2022 Outlook

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Go back to Constellation Brands Reports Fiscal Year and Fourth Quarter 2021 Results and Fiscal 2022 Outlook

Constellation Brands (STZ) PT Lowered to $290 at Jefferies

April 9, 2021 8:03 AM EDT

Jefferies analyst Kevin Grundy lowered the price target on Constellation Brands (NYSE: STZ) to $290.00 (from $300.00) while maintaining a Buy rating.

The analyst commented, "We maintain our Buy rating, though trim our F22-24 EPS ests. ~6% post STZ's 4Q report and initial FY22 guidance. Transitory cost... More

Constellation Brands (STZ) Tops Q4 EPS by 27c, Offer Outlook

April 8, 2021 7:36 AM EDT

Constellation Brands (NYSE: STZ) reported Q4 EPS of $1.82, $0.27 better than the analyst estimate of $1.55. Revenue for the quarter came in at $1.95 billion versus the consensus estimate of $1.87 billion.

GUIDANCE:

Constellation Brands sees FY2022 EPS of $9.95-$10.25, versus the consensus of... More