Constellation Brands Affirms FY24 Operating Cash Flow Target Of $2.4B-$2.6B And Free Cash Flow Projection Of $1.2B-$1.3B
Portfolio Pulse from Benzinga Newsdesk
Constellation Brands has reaffirmed its FY24 operating cash flow target of $2.4B-$2.6B and free cash flow projection of $1.2B-$1.3B.
October 05, 2023 | 11:38 am
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Constellation Brands has confirmed its FY24 operating cash flow target of $2.4B-$2.6B and free cash flow projection of $1.2B-$1.3B.
Constellation Brands reaffirming its cash flow targets for FY24 indicates that the company is confident in its financial projections. This could be seen as a positive sign by investors, potentially leading to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100