Constellation Brands Q4 Adj EPS $2.30 Beats $2.08 Estimate, Sales $2.14B Beat $2.10B Estimate
Portfolio Pulse from Benzinga Newsdesk
Constellation Brands (NYSE:STZ) reported Q4 adjusted EPS of $2.30, surpassing the $2.08 estimate, and sales of $2.14B, exceeding the $2.10B estimate. This represents a 16.16% increase in EPS and a 7.06% increase in sales from the same period last year.
April 11, 2024 | 11:33 am
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Constellation Brands reported a strong Q4 with earnings and sales surpassing estimates, indicating robust financial health and growth.
The positive earnings and sales beat by Constellation Brands suggest a strong financial performance and operational efficiency, likely leading to increased investor confidence and a potential short-term uptick in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100