Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Constellation Brands (STZ) , which belongs to the Zacks Beverages - Alcohol industry.This wine, liquor and beer company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 7.37%.For the last reported quarter, Constellation Brands came out with earnings of ...

Constellation Brands (STZ) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended February 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

In the latest trading session, Constellation Brands (STZ) closed at $267.41, marking a +0.53% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.72%. Elsewhere, the Dow saw a downswing of 1%, while the tech-heavy Nasdaq depreciated by 0.95%.Prior to today's trading, shares of the wine, liquor and beer company had gained 7.25% over the past month. This has outpaced the Consumer Staples sector's gain of 2.24% and the S&P 500's gain of 2.16% in that time.The upcoming earnings release ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Constellation Brands (STZ) .Constellation Brands currently has an average ...

Constellation Brands (STZ) closed the latest trading day at $266.35, indicating a -0.48% change from the previous session's end. This change lagged the S&P 500's 0.63% gain on the day. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.82%.Heading into today, shares of the wine, liquor and beer company had gained 9.76% over the past month, outpacing the Consumer Staples sector's gain of 1.73% and the S&P 500's gain of 1.76% in that time.The investment community will be closely monitori ...

Constellation Brands (STZ) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this wine, liquor and beer company have returned +6%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Beverages - Alcohol industry, which Constellation Brands falls in, has gained 0.8%. The key question now is: What could b ...

Alcohol stocks fall into the consumer staples sector for their defensive attributes. It’s not that people “need” their products, but they tend to buy them no matter the state of the economy. Not surprisingly, brewers delivered outsized earnings growth of 32.4 when compared to the earnings growth of the overall consumer staples sector.  However, earnings growth is expected to normalize relative to the sector. That means investors will have to be more selective in choosing alcohol stocks to buy. And it’s a re ...

VICTOR, N.Y., March 11, 2024 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE:STZ), a leading beverage alcohol company, today announced that Sam Glaetzer has been appointed as the company's new Executive Vice President and President, Wine & Spirits Division, effective March 11, 2024. Glaetzer succeeds Robert Hanson, who previously held the role. In addition to Glaetzer's new responsibilities leading the company's Wine & Spirits Division, he will also serve as a member of Constellation's executive management c ...

VICTOR, N.Y., March 07, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE:STZ), a leading beverage alcohol company, announced today it will report financial results for its full fiscal year and fourth quarter ended February 29, 2024, on Thursday, April 11, 2024, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Executive Vice President and Chief Financial Officer, Garth Hanki ...

Brown-Forman B (BF.B) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this company would post earnings of $0.50 per share when it actually produced earnings of $0.50, delivering no surprise.Over the last four quarters, the company has surpass ...