Both beer stocks are beaten down, but one has a dividend history that should make retirees nervous and a business trajectory that makes the yield look like a trap.
Constellation Brands sees improving beer demand, stronger marketing and healthier inventories, raising hopes for fiscal 2027 earnings near the high end of guidance.
Constellation Brands TodaySTZConstellation Brands$118.15 +2.48 (+2.14%) As of 10/7/2026 03:58 PM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$110.60▼$168.60Dividend Yield3.49%P/E Ratio10.60Price Target$154.86Add to WatchlistConstellation Brands NASDAQ: STZ delivered an earnings report that showed a solid beat on the top and bottom lines.
STZ beats fiscal Q2 estimates as beer and wine sales grew, while strong cash flow and an RTD acquisition supported its outlook.
Constellation Brands, Inc. ( STZ ) Q2 2027 Earnings Call October 7, 2026 8:00 AM EDT Company Participants Blair Veenema - Vice President of Investor Relations Nicholas Fink - President, CEO & Director Garth Hankinson - Executive VP & CFO Conference Call Participants Nik Modi - RBC Capital Markets, Research Division Peter Galbo - BofA Securities, Research Division Lauren Lieberman - Barclays Bank PLC, Research Division Christopher Carey - Wells Fargo Securities, LLC, Research Division Bonnie Herzog - Goldman Sachs Group, Inc., Research Division Kaumil Gajrawala - Jefferies LLC, Research Division Filippo Falorni - Citigroup Inc., Research Division Dara Mohsenian - Morgan Stanley, Research Division Robert Ottenstein - Evercore ISI Institutional Equities, Research Division Stephen Robert Powers - Deutsche Bank AG, Research Division Carlos Alberto Laboy - HSBC Global Investment Research Presentation Operator Ladies and gentlemen, thank you for standing by. Greetings, and welcome to the Constellation Brands Fiscal Year 27 Second Quarter Earnings Call.
Constellation Brands beat Wall Street's quarterly earnings and revenue expectations. While beer sales rose, underlying indicators of demand showed consumer willingness to spend is still tepid.
Constellation Brands NYSE: STZ reiterated its fiscal 2027 outlook after reporting second-quarter results that Chief Executive Officer Nick Fink said exceeded the company's expectations. The company maintained its comparable earnings-per-share guidance of $11.20 to $11.90 and said it could finish at the high end of that range if favorable September trends continue.
Constellation Brands Inc (NYSE:STZ), the beverage company behind Modelo Especial and Corona, beat second-quarter estimates as stronger beer sales and growing wine and spirits demand helped offset a softer alcohol market. Net sales rose 6% to $2.63 billion in the quarter ended August 31, while comparable operating income increased 1% to $897 million and comparable earnings rose 3% to $3.74 a share.
Constellation Brands remains a buy, with shares now trading at a compelling 9x earnings after a 14% decline. STZ delivered 6% revenue growth and a 3% EPS beat, with beer driving performance despite margin compression from higher marketing spend. Management maintained FY 2027 EPS guidance midpoint at $11.55, signaling resilience despite macro and consumer headwinds.
Although the revenue and EPS for Constellation Brands (STZ) give a sense of how its business performed in the quarter ended August 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Constellation Brands (STZ) came out with quarterly earnings of $3.74 per share, beating the Zacks Consensus Estimate of $3.62 per share. This compares to earnings of $3.63 per share a year ago.
Sales in Constellation's beer business, which includes Corona and Modelo, rose 5%, while its wine and spirits business saw sales increase 17%.