Constellation Brands Reports Third Quarter Fiscal 2022 Results

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Constellation Brands (STZ) PT Lowered to $310 at Jefferies

January 7, 2022 8:18 AM EST

Jefferies analyst Kevin Grundy lowered the price target on Constellation Brands (NYSE: STZ) to $310.00 (from $316.00) while maintaining a Buy rating.

The analyst commented, "We trim our FY23-24 EPS ests. (input costs, D&A), but remain bullish post STZ's strong 3Q / raised... More

Constellation Brands (STZ) Tops Q3 EPS by 36c

January 6, 2022 7:37 AM EST

Constellation Brands (NYSE: STZ) reported Q3 EPS of $3.12, $0.36 better than the analyst estimate of $2.76. Revenue for the quarter came in at $2.32 billion versus the consensus estimate of $2.28 billion.

GUIDANCE:

Constellation Brands sees FY2022 EPS of $10.50-$10.65, versus the consensus of... More