Corona Maker Constellation Brands Narrowly Misses on Earnings, Boosts Guidance [TheStreet.com]
Constellation Brands, Inc. (STZ)
Last constellation brands, inc. earnings: 4/3 07:30 am
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Source: TheStreet.com
Constellation Brands(STZGet ReportConstellation Brands said comparable earnings for the three months ended in May, the group's fiscal first quarter, were pegged at $2.33 per share, up 3 cents from the same period last year but a penny shy of the Wall Street consensus forecast. Group revenues, Constellation said, rose 3.2% to $2.026 billion, a tally that again narrowly missed analysts' estimates of a $2.03 billion tally.Net beer sales rose 14% from last year, the maker of Corona and Model said, while wine and spirits sales were down 22%.Looking into its 2022 fiscal year, which ends in February, Constellation said it sees comparable earnings in the region of $10 to $10.30 per share, up 5 cents a share from its prior forecast, with net beer sales rising by between 7% and 9% from 2021.TST RecommendsPERSONAL FINANCE6 Mistakes to Avoid When Selling Your Even in this real estate market, sellers can make an expensive mistakes. The right mindset and a few smart moves can help you avoid these c
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STZ
News
- Constellation Brands Announces Conversion of Common Shares and Exchange of Promissory Note Into Exchangeable Shares of Canopy Growth Corporation [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Constellation Brands Announces Conversion of Common Shares and Exchange of Promissory Note Into Exchangeable Shares of Canopy Growth CorporationGlobeNewswire
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- Modelo Spiked Aguas Frescas Teams Up With Actress Francia Raisa and Community Changemaker Juixxe to Honor the Street Vendor Community [Financial Post (Toronto, Ontario, Canada)]Financial Post
- With the market oversold, we're buying a geopolitical hedge and an unfairly punished beer stock [MSNBC.com]MSNBC.com
STZ
Earnings
- 4/11/24 - Beat
STZ
Sec Filings
- 4/18/24 - Form 8-K
- 4/16/24 - Form 4
- 4/12/24 - Form 144
- STZ's page on the SEC website