Constellation Brands (STZ) shares are inching higher heading into the company’s fiscal Q2 results scheduled to be published later today, after market close. Consensus is for the beer, wine, and spirits firm to record $$3.62 in earnings per share (EPS), which would represent about a 0.28% decline on a year-over-year basis.
The earnings event arrives at a time when Constellation Brands stock is already struggling to regain momentum, currently down a little under 20% versus the start of this year.