Constellation Brands (STZ) Tops Q2 EPS by 24c, Offers Guidance

Constellation Brands (NYSE: STZ) reported Q2 EPS of $4.32, $0.24 better than the analyst estimate of $4.08. Revenue for the quarter came in at $3.14 billion versus the consensus estimate of $2.95 billion.

GUIDANCE:

Constellation Brands sees FY2025 EPS of $13.60-$13.80, versus the consensus of $13.69.

• Updates fiscal 2025 reported EPS outlook to $4.05 - $4.25 and affirms recently updated comparable EPS outlook of $13.60 - $13.80, including $449 million of shares repurchased through August 2024 • Affirms fiscal 2025 operating cash flow target of $2.8 - $3.0 billion and free cash flow projection of $1.4 - $1.5 billion

For earnings history and earnings-related data on Constellation Brands (STZ) click here.

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