Constellation Brands: Q3 Earnings Insights

Constellation Brands STZ reported its Q3 earnings results on Thursday, January 6, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Constellation Brands beat estimated earnings by 13.04%, reporting an EPS of $3.12 versus an estimate of $2.76, which surprised analysts.

Revenue was up $117.00 million from the same period last year.

Last quarter the company missed on EPS by $0.39, which was followed by a 2.31% increase in the share price the next day.

Here's a look at Constellation Brands's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	2.77	2.32	1.55	2.39
EPS Actual	2.38	2.33	1.82	3.09
Revenue Estimate	2.30B	2.02B	1.87B	2.23B
Revenue Actual	2.37B	2.03B	1.95B	2.44B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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