Constellation Brands (STZ) Tops Q3 EPS by 22c, Offers Guidance

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Constellation Brands (STZ) tops consensus as Modelo brand momentum continues

January 5, 2024 7:59 AM EST

Shares of Constellation Brands (NYSE: STZ) edged slightly lower premarket after the company reported earnings for its latest quarter, topping consensus earnings and revenue expectations.

The company posted third-quarter earnings of $3.24 per share, $0.22 better than the analyst estimate of $3.02, while revenue for the quarter... More