Constellation Brands Inc expected to post earnings of $3.31 a share - Earnings Preview

Reuters01-08 21:32
<a href="https://laohu8.com/S/STZ.B">Constellation Brands Inc</a> <stz.n> expected to post earnings of $3.31 a share - Earnings Preview </stz.n>
  • Constellation Brands Inc STZ.N, STZ is expected to show a rise in quarterly revenue when it reports results on January 10 for the period ending November 30 2024

  • The Rochester New York-based company is expected to report a 2.5% increase in revenue to $2.534 billion from $2.47 billion a year ago, according to the mean estimate from 14 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Constellation Brands Inc is for earnings of $3.31 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Constellation Brands Inc is $292.10​, above​ its last closing price of $218.51. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Aug. 31 2024

4.06

4.08

4.32

Beat

5.8

May. 31 2024

3.47

3.46

3.57

Beat

3.2

Feb. 29 2024

2.11

2.08

2.26

Beat

8.5​

Nov. 30 2023

3.04

3.00

3.19

Beat

6.3

​​Aug. 31 2023

3.39

3.36

3.70

Beat

10.1

May. 31 2023

2.83

2.83

2.91

Beat

2.8​

Feb. 28 2023

1.84

1.82

1.98

Beat

9

Nov. 30 2022

2.89

2.89

2.83

Missed

-2.2

This summary was machine generated January 8 at 13:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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