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Constellation Brands Analysts Remain Bullish After Q4 Earnings Rally
Thursday, April 7, 2016 - 4:41pm | 655Wall Street analysts remain bullish on Constellation Brands, Inc.(NYSE: STZ) after its strong fourth-quarter results. Constellation Brands earned $1.19 per share in the fourth quarter on revenue of $1.543 billion. The company's beer operating income rose 29 percent, and it saw a 14 percent...
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Constellation Brands Rallies Following Q4 Results, FY17 Outlook
Wednesday, April 6, 2016 - 10:07am | 365Shares of Constellation Brands, Inc. (NYSE: STZ) hit a new 52-week high of $158.75 on Wednesday morning after the company reported its fourth-quarter results. Constellation Brands said that it earned $1.19 per share in the fourth quarter on revenue of $1.543 billion. Beer operating income rose 29...
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Constellation Brands' Expectations Are Too Low
Monday, February 29, 2016 - 11:32am | 636Morgan Stanley continues to like Constellation Brands, Inc. (NYSE: STZ) as its top pick in beverages, as it believes the market is not appropriately discounting the company's strong long-term growth prospects in the beer market. Analyst Dara Mohsenian expects beer revenue upside versus consensus,...
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Constellation Brands CEO Weighs In On Meiomi Acquisition, Booming Beer
Thursday, July 2, 2015 - 1:33pm | 364Constellation Brands, Inc. (NYSE: STZ) reported better than expected first-quarter results on Wednesday. The company declared an EPS of $1.18 for the quarter, compared to an EPS of $1.03 it reported for the same quarter last year. Revenue for the quarter rose 7 percent year-over-year to $1.63...