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-0.00475558030932699 -0.00604087228482081 -0.00604087228482081 -0.00599802921897093 -0.000856861316995917 0.00402724818988046 0.0118251146052011 0.010496551133199
Stock impact report

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 Check Earnings Report
US:NYSE Investor Relations: cbrands.com/investors
Company Research 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 Show less Read more
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