Constellation Brands Reports Second Quarter Fiscal 2023 Financial Results

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Constellation Brands (STZ) PT Raised to $277 at Credit Suisse

October 7, 2022 7:50 AM EDT

Credit Suisse analyst Kaumil Gajrawala raised the price target on Constellation Brands (NYSE: STZ) to $277.00 (from $276.00) while maintaining an Outperform rating following earnings.

The analyst commented, "F2Q results highlight an expanding beer business, an evolving wine portfolio, and remnants of unsuccessful capital... More

Constellation Brands (STZ) Tops Q2 EPS by 39c, Offers Guidance

October 6, 2022 7:35 AM EDT

Constellation Brands (NYSE: STZ) reported Q2 EPS of $3.17, $0.39 better than the analyst estimate of $2.78. Revenue for the quarter came in at $2.66 billion versus the consensus estimate of $2.5 billion.

GUIDANCE:

Constellation Brands sees FY2023 EPS of $11.20-$11.60, versus the consensus of... More