Constellation Brands STZ reported its Q1 earnings results on Friday, June 30, 2023 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Constellation Brands beat estimated earnings by 2.83%, reporting an EPS of $2.91 versus an estimate of $2.83.
Revenue was up $152.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.16 which was followed by a 1.45% increase in the share price the next day.
Here's a look at Constellation Brands's past performance:
Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
---|---|---|---|---|
EPS Estimate | 1.82 | 2.89 | 2.81 | 2.53 |
EPS Actual | 1.98 | 2.83 | 3.17 | 2.66 |
Revenue Estimate | 2.02B | 2.40B | 2.51B | 2.16B |
Revenue Actual | 2.00B | 2.44B | 2.65B | 2.36B |
To track all earnings releases for Constellation Brands visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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