Constellation Brands (STZ) Misses Q2 EPS by 25c, Revenue Beats, Updates Guidance
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Street Analysts Weigh In on Constellation Brands (STZ) Following F2Q Results
October 7, 2021 7:00 AM EDTShares 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
