Constellation Brands (STZ) Beats Q3 Earnings and Revenue Estimates
Zacks Equity Research
Thu, January 7, 2021, 3:25 PM GMT+1·3 min read
Constellation Brands (STZ) came out with quarterly earnings of $3.09 per share, beating the Zacks Consensus Estimate of $2.41 per share. This compares to earnings of $2.14 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 28.22%. A quarter ago, it was expected that this wine, liquor and beer company would post earnings of $2.51 per share when it actually produced earnings of $2.76, delivering a surprise of 9.96%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Constellation Brands, which belongs to the Zacks Beverages - Alcohol industry, posted revenues of $2.44 billion for the quarter ended November 2020, surpassing the Zacks Consensus Estimate by 7.37%.
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https://finance.yahoo.com/news/constella...02528.html
Zacks Equity Research
Thu, January 7, 2021, 3:25 PM GMT+1·3 min read
Constellation Brands (STZ) came out with quarterly earnings of $3.09 per share, beating the Zacks Consensus Estimate of $2.41 per share. This compares to earnings of $2.14 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 28.22%. A quarter ago, it was expected that this wine, liquor and beer company would post earnings of $2.51 per share when it actually produced earnings of $2.76, delivering a surprise of 9.96%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Constellation Brands, which belongs to the Zacks Beverages - Alcohol industry, posted revenues of $2.44 billion for the quarter ended November 2020, surpassing the Zacks Consensus Estimate by 7.37%.
...
https://finance.yahoo.com/news/constella...02528.html
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