Recap: Constellation Brands Q1 Earnings

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.

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.

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.

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