Constellation Brands (STZ) Tops Q1 EPS by 13c, Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Constellation Brands (STZ) Falls Despite Earnings, Revenue Beat - Analysts Weigh In
June 30, 2022 12:42 PM EDTConstellation Brands (NYSE: STZ) reported first-quarter earnings before the bell Thursday.
The company reported earnings of $2.66 per share, $0.13 better than the analyst estimate of $2.53. Revenue also beat expectations, coming in at $2.54 billion versus the consensus estimate of $2.16 billion.
Constellation Brands sees fiscal 2023 earnings per share between $11.20 to $11.50 versus the consensus of $11.06.
Despite an initial rise premarket, shares are down more than 3% at the time of writing.
Wall Street analysts had their say on the report following its release:
"STZ reported a very strong start to the... More
