Constellation Brands Sees FY25 EPS Of $13.60-$13.80 Vs. $13.69 Estimate (Prior View: $13.50-$13.80); Projects Enterprise Net Sales Growth Of 4%-6% (Prior View: 6%-7%)
Portfolio Pulse from Nabaparna Bhattacharya
Constellation Brands has updated its FY25 EPS guidance to $13.60-$13.80, slightly adjusting from the previous range of $13.50-$13.80, and projects enterprise net sales growth of 4%-6%, down from the prior view of 6%-7%.
October 03, 2024 | 11:39 am
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Constellation Brands has slightly raised the lower end of its FY25 EPS guidance to $13.60-$13.80, while lowering its net sales growth projection to 4%-6%.
The adjustment in EPS guidance shows a slight increase in the lower range, which is positive, but the reduction in sales growth projection could offset this positivity. The mixed signals may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100