Constellation Brands loss narrows as sales squeak past estimates [MarketWatch]
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: MarketWatch
Constellation Brands Inc. said Wednesday it had a net loss of $908.1 million, or $4.74 a share, in its fiscal first quarter to May31, narrower than the loss of $177.9 million, or 94 cents a share, posted in the year-earlier period. Adjusted per-share earnings came to $2.33, while earnings excluding its stake in Canadian cannabis company Canopy Growth Corp. came to $2.51. The FactSet consensus was for $2.35. Sales rose to $2.027 billion from $1.963 billion a year ago, squeaking ahead of the $2.021 billion FactSet consensus. Sales growth was driven by Meiomi wine, The Prisoner Brand Family, Simi, Ruffino and High West, the company said in a statement. Chief Executive Bill Newlands said the beer business delivered double0-digit net sales and profit growth, while the wine business is poised to drive accelerated growth and profitability. The company said it now expects fiscal 2022 EPS to range from $2.70 to $3.00 and for adjusted EPS to range from $10.00 to $10.30. The FactSet consensus is
Show less
Read more
Impact Snapshot
Event Time:
STZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STZ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STZ alerts
High impacting Constellation Brands, Inc. news events
Weekly update
A roundup of the hottest topics
STZ
News
- Constellation Brands Full Year 2024 Earnings: In Line With Expectations [Yahoo! Finance]Yahoo! Finance
- Yerbaé Expands Distribution Network with Two New Partnerships [Yahoo! Finance]Yahoo! Finance
- New deal puts 2 of WA state's largest wine producers back in Washington hands [Yahoo! Finance]Yahoo! Finance
- Big Thirst Expands Team with Industry Expert Andy NelsonPR Web
- PepsiCo (PEP) Q1 Earnings: What To Expect [Yahoo! Finance]Yahoo! Finance
STZ
Earnings
- 4/11/24 - Beat
STZ
Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form 10-K
- 4/19/24 - Form 144
- STZ's page on the SEC website