Constellation Brands (STZ) Misses Q2 EPS by 25c, Revenue Beats, Updates Guidance

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Go back to Constellation Brands (STZ) Misses Q2 EPS by 25c, Revenue Beats, Updates Guidance

Street Analysts Weigh In on Constellation Brands (STZ) Following F2Q Results

October 7, 2021 7:00 AM EDT

Shares of Constellation Brands (NYSE: STZ) closed 0.68% lower yesterday after the company reported mixed FQ2 results.

The company reported earnings of $2.52 per share to miss on the analyst estimate of $2.77. Revenue for the quarter came in at $2.37 billion versus the consensus estimate of $2.3 billion.

On the guidance front, Constellation Brands is projecting FY2022 EPS of between $10.15 and $10.45, higher than the consensus of $10.03.

Morgan Stanley analyst Dara Mohsenian lowered the price target on the... More