How To Earn $500 A Month From Constellation Brands Stock Ahead Of Q4 Earnings
Portfolio Pulse from Avi Kapoor
Constellation Brands, Inc. (NYSE:STZ) is set to release its Q4 earnings on April 11, 2024. The company offers a 1.34% annual dividend yield, equating to $3.56 per share annually. To earn $500 monthly from dividends, an investment of approximately $447,587 is required. Analysts expect STZ to report quarterly earnings of $2.09 per share, up from $1.98 per share year-over-year, with quarterly revenue projected at $2.1 billion. Barclays analyst Lauren Lieberman maintained an Overweight rating on STZ but lowered the price target from $296 to $294.
April 08, 2024 | 12:17 pm
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Constellation Brands is anticipated to release positive Q4 earnings with an expected increase in earnings per share and revenue. The company offers a stable dividend yield, and Barclays analyst has maintained an Overweight rating but slightly lowered the price target.
The anticipation of positive earnings results and revenue growth for Constellation Brands, coupled with a stable dividend yield, suggests a positive short-term impact on STZ's stock price. The slight adjustment in the price target by Barclays, while maintaining an Overweight rating, indicates confidence in the company's performance but also suggests a cautious optimism.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100