Constellation Brands (STZ) Dips More Than Broader Markets: What You Should Know
Constellation Brands (STZ) closed the most recent trading day at $211.14, moving -0.31% from the previous trading session. This move lagged the S&P 500's daily loss of 0.14%. Heading into today, shares of the wine, liquor and beer company had lost 4.94% over the past month, lagging the Consumer Staples sector's loss of 0.2% and the S&P 500's gain of 3.13% in that time. Wall Street will be looking for positivity from STZ as it approaches its next earnings report date. On that day, STZ is projected to report earnings of $2.84 per share, which would represent year-over-year growth of 2.9%. Our most recent consensus estimate is calling for quarterly revenue of $2.35 billion, up 3.81% from the year-ago period. For the full year, our Zacks Consensus Estimates are projecting earnings of $10.04 per share and revenue of $8.59 billion, which would represent changes of +0.7% and -0.34%, respectively, from the prior year. Investors should also note any recent changes to analys