Your email has been successfully added to our mailing list.

×
0 0.000303505488390927 0.0028833021397138 0.00328797612423494 0.00796701907026161 0.00849815367494566 0.0101962668824928 0.00424907683747283
Stock impact report

Constellation Brands Q2 share of Canopy losses to be $54.3 million [MarketWatch]

Constellation Brands, Inc (STZ)  More Company Research Source: MarketWatch
Last constellation brands, inc earnings: 10/3 07:30 am Check Earnings Report
US:NYSE Investor Relations: cbrands.com/investors
PDF Constellation Brands Q2 share of Canopy losses to be $54.3 million Corona beer parent Constellation Brands Inc. STZ, -1.56% disclosed Monday that its share of Canopy Growth Corp.'s CGC, +1.41% WEED, -1.04% losses will be $54.3 million on a net basis, or $38.5 million on an adjusted basis including a tax benefit, which will be recognized in its fiscal second quarter ended Aug. 31. Constellation, which made a $4 billion investment in the Canada-based cannabis company last year, said it recognizes equity earnings from its equity-method investment in Canopy on a two-month lag. For the six month ended Aug. 31, Constellation said its share of Canopy losses was $132.5 million, or $77.3 million in an adjusted basis. Shares of Constellation rose 0.6% in premarket trading and Canopy's U.S.-listed stock was up 1.6%. Year to date, Constellation shares have run up 23.4% and Canopy's stock has lost 7.4%, while the ETFMG Alternative Harvest ETF MJ, +0.44% has slipped 0.6% and the S&P 50 [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

Opt-in for
STZ alerts
from News Quantified
Opt-in for
STZ alerts

from News Quantified
Opt-in for
STZ alerts

from News Quantified