From NASDAQ: 2024-04-04 10:00:06

Constellation Brands (STZ) is expected to report higher revenues and earnings in the quarter ended February 2024, with estimates predicting $2.11 per share earnings and $2.1 billion in revenues. The company has a positive earnings momentum, beating EPS estimates in the last four quarters. The upcoming earnings report on April 11 will determine stock movement.

Investors should pay attention to the earnings call discussion and business conditions as they influence price changes. The Zacks Earnings ESP model predicts an earnings beat for Constellation Brands, with analysts bullish on the company’s prospects. The Most Accurate Estimate is higher than the Consensus Estimate, resulting in an Earnings ESP of +1.22%. The company has a history of consistent EPS beats.

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Read more at NASDAQ: Constellation Brands (STZ) Earnings Expected to Grow: Should You Buy?