Const
Constellation Manufacturers (STZ) closed at $200.34 within the newest buying and selling session, marking a +0.27% transfer from the prior day. This modification outpaced the S&P 500’s 0.54% loss on the day. On the identical time, the Dow misplaced 0.94%, and the tech-heavy Nasdaq misplaced 0.54%.
Previous to as we speak’s buying and selling, shares of the wine, liquor and beer firm had gained 3.21% over the previous month. This has outpaced the Client Staples sector’s acquire of 1.1% and lagged the S&P 500’s acquire of three.22% in that point.
Traders might be hoping for energy from STZ because it approaches its subsequent earnings launch. In that report, analysts count on STZ to submit earnings of $1.65 per share. This might mark a year-over-year decline of 10.33%. In the meantime, our newest consensus estimate is looking for income of $1.84 billion, up 2.37% from the prior-year quarter.
STZ’s full-year Zacks Consensus Estimates are calling for earnings of $8.83 per share and income of $8.27 billion. These outcomes would signify year-over-year adjustments of -4.85% and +1.95%, respectively.
…