Constellation Brands Raises FY24 Adj. EPS Outlook From $11.70-$12.00 To $12.00-$12.20, Est. $11.70
Portfolio Pulse from Benzinga Newsdesk
Constellation Brands has increased its FY24 adjusted EPS outlook from $11.70-$12.00 to $12.00-$12.20, surpassing the estimated $11.70.
October 05, 2023 | 11:36 am
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Constellation Brands has raised its FY24 adjusted EPS outlook, which is now above the estimated value.
The increase in the FY24 adjusted EPS outlook indicates that Constellation Brands is expecting higher profitability than previously anticipated. This is a positive signal to investors and could lead to an increase in the company's stock price in the short term.
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