Constellation Brands: Q1 Earnings Insights

 

Constellation Brands 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 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.

Posted In: BZI-RecapsEarningsNews

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