Constellation Brands (NYSE:STZ) reported its Q1 earnings results on Thursday, June 30, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Constellation Brands (NYSE:STZ) reported its Q1 earnings results on Thursday, June 30, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Constellation Brands beat estimated earnings by 5.14%, reporting an EPS of $2.66 versus an estimate of $2.53.
Revenue was up $336.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.28 which was followed by a 0.81% increase in the share price the next day.
Here's a look at Constellation Brands's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 2.09 | 2.76 | 2.77 | 2.32 |
| EPS Actual | 2.37 | 3.12 | 2.38 | 2.33 |
| Revenue Estimate | 2.02B | 2.28B | 2.30B | 2.02B |
| Revenue Actual | 2.10B | 2.32B | 2.37B | 2.03B |
To track all earnings releases for Constellation Brands visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
