Constellation Brands Inc STZ shares are trading lower after the company reported nearly flat third-quarter sales of $2.46 billion, missing the analyst consensus estimate of $2.53 billion.
Corona and Modelo owner Constellation Brands cut its annual sales forecast on Friday as persistently sticky inflation dents consumer spending on beers, wines and spirits.
The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.
Constellation Brands Inc (NYSE:STZ) will be among the first to release earnings results in 2025, with its fourth-quarter report due out before the open on Friday, Jan. 9.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Constellation Brands (STZ), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended November 2024.
Analysts expect Constellation Brands, Inc. STZ to report third-quarter earnings of $3.32 per share before the opening bell, on Thursday, Jan. 9.
STZ's Q3 results are likely to reflect gains from a strong beer segment, offset by ongoing challenges in the wine & spirits segment.
Constellation Brands (STZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Constellation Brands, Inc. STZ will release its third-quarter financial results, before the opening bell, on Thursday, Jan. 9, 2025.
Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Constellation Brands (STZ) and Diageo (DEO). But which of these two companies is the best option for those looking for undervalued stocks?
The heavy selling pressure might have exhausted for Constellation Brands (STZ) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
President-elect Donald Trump's trade warning poses a threat to the company's Mexican beer labels.