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.Net sales for the Beer segment increased 3% Y/Y to $2.03 billion, and Wine and Spirits declined 14% to $431.4 million. Shipment volume for Beer climbed 1.6%, while Wine and Spirits declined 16.4%.Gross profit increased 1% to $1.28 billion, and the operating income slid 0.4% to $793 million. The operating margin for the quar ...

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ROCHESTER, N.Y., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its third quarter fiscal 2025 financial results. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Friday, January 10, 2025 at 10:30 a.m. ET. Visit ir.cbrands.com to locate information for joining the conference call, or a live, listen- ...

ROCHESTER, N.Y., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE:STZ), a leading beverage alcohol company, announced today that on January 8, 2025, its Board of Directors declared a quarterly cash dividend of $1.01 per share of Class A Common Stock payable on February 21, 2025, to stockholders of record as of the close of business on February 7, 2025. ABOUT CONSTELLATION BRANDSConstellation Brands (NYSE:STZ) is a leading international producer and marketer of beer, wine, and spirits with ...

Core Viewpoint - Constellation Brands Inc is facing negative analyst sentiment ahead of its upcoming earnings report, with price targets being lowered by major financial institutions [1][5] Group 1: Earnings Report and Analyst Sentiment - The fourth-quarter earnings report for Constellation Brands is scheduled for January 9, 2025, before market open [1] - J.P. Morgan Securities and Wells Fargo have reduced their price targets for the company to $262 and $275, down from $293 and $295, respectively [1] Group 2: Stock Performance - Constellation Brands' stock is currently trading at $220.42, reflecting a year-over-year decline of 11.5% [2] - The stock recently hit a 52-week low of $217.52 on January 3 and has struggled to surpass its 20-day moving average since mid-December [2] Group 3: Post-Earnings Track Record - Historically, the stock has shown a weak post-earnings performance, with five out of the last eight sessions closing lower after earnings announcements [3] - The average stock movement post-earnings over the past two years has been 3.3%, while options traders are anticipating a larger swing of 4.3% this time [3] Group 4: Options Market Sentiment - Options traders exhibit a strong bullish sentiment, with a call/put volume ratio of 4.59, ranking higher than 94% of readings from the past year [4] - Among the firms analyzed, 16 out of 21 have a "buy" or better rating, and the consensus target price is $287.18, indicating a 30.4% premium to current levels [5]

Analysts on Wall Street project that Constellation Brands (STZ) will announce quarterly earnings of $3.34 per share in its forthcoming report, representing an increase of 4.7% year over year. Revenues are projected to reach $2.55 billion, increasing 3% from the same quarter last year.Over the last 30 days, there has been an upward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial for ...

Constellation Brands, Inc. (STZ) is scheduled to release third-quarter fiscal 2025 results on Jan. 9. The alcoholic beverage bigwig is expected to have recorded top and-bottom-line growth in the to-be-reported quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for the company’s fiscal third-quarter earnings is pegged at $3.34 per share, indicating 4.7% growth from the year-ago quarter’s actual. The consensus mark has moved down a penny in the past 3 ...

Rescheduled from Thursday, January 9, 2025 in Observance of National Day of Mourning for Former President Jimmy CarterROCHESTER, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today a revised date to report its financial results for its third quarter ended November 30, 2024, of Friday, January 10, 2025, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President ...

Constellation Brands (STZ) has been beaten down lately with too much selling pressure. While the stock has lost 7.6% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator ...

Core Insights - The article emphasizes the importance of utilizing Zacks Premium for both new and experienced investors to enhance their stock market strategies and confidence in investing [1][2] Zacks Style Scores - Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum characteristics, serving as complementary indicators to the Zacks Rank [3][4] - Each stock is rated from A to F, with A indicating the highest potential for outperforming the market [4] Categories of Style Scores - **Value Score**: Focuses on identifying undervalued stocks using various financial ratios, appealing to value investors [5] - **Growth Score**: Targets stocks with strong financial health and growth potential, based on earnings and sales projections [6] - **Momentum Score**: Aims to capitalize on price trends, using recent price changes and earnings estimate shifts to identify high-momentum stocks [7] - **VGM Score**: Combines all three Style Scores to highlight stocks with the best value, growth, and momentum characteristics [8] Zacks Rank and Performance - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in building successful portfolios [9] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [10] Stock Recommendation: Constellation Brands (STZ) - Constellation Brands, a leading producer of beer, wine, and spirits, holds a 2 (Buy) rating on the Zacks Rank and has a VGM Score of A [15][16] - The company has a forward P/E ratio of 17.17, indicating attractive valuation metrics for value investors [16] - Recent earnings estimates for fiscal 2025 have been revised upward, with the Zacks Consensus Estimate increasing by $0.01 to $13.58 per share, alongside an average earnings surprise of 5.3% [16] - With strong ratings and favorable Style Scores, Constellation Brands is recommended for investors' consideration [17]