Constellation Brands Reports First Quarter Fiscal 2022 Results
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RBC Capital Reiterates Outperform Rating on Constellation Brands (STZ)
July 1, 2021 6:29 AM EDTRBC Capital analyst Nik Modi reiterated an Outperform rating and $300.00 price target on Constellation Brands (NYSE: STZ). Beer shipments were weak due to one-off supply chain constraints, but consumer demand remains robust.
Reiterated FY'22 beer net sales guidance should provide comfort that... More
Constellation Brands (STZ) Tops Q1 EPS by 19c
June 30, 2021 7:41 AM EDTConstellation Brands (NYSE: STZ) reported Q1 EPS of $2.51, $0.19 better than the analyst estimate of $2.32. Revenue for the quarter came in at $2.03 billion versus the consensus estimate of $2.02 billion.
Generates reported basis EPS of $(4.74) and comparable basis EPS of $2.33, including Canopy equity losses of $0.18;... More