Constellation Brands Reports Third Quarter Fiscal 2024 Financial Results

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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

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

January 5, 2024 7:33 AM EST

Constellation Brands (NYSE: STZ) reported Q3 EPS of $3.24, $0.22 better than the analyst estimate of $3.02. Revenue for the quarter came in at $2.47 billion versus the consensus estimate of $2.54 billion.

GUIDANCE:

Constellation Brands sees FY2024 EPS of $12.00-$12.20, versus the consensus of... More