Categories AlphaGraphs, Consumer, Earnings
STZ Earnings: Key quarterly highlights from Constellation Brands’ Q3 2024 financial results
Constellation Brands, Inc. (NYSE: STZ) reported third quarter 2024 earnings results today.
Net sales inched up 1% to $2.47 billion compared to the same period last year. Comparable sales were also up 1%.
Net income attributable to CBI increased 9% to $509 million while EPS rose 10% to $2.76 compared to last year. Comparable EPS rose 13% to $3.19.
Earnings beat estimates but revenue fell short.
The company expects EPS to range between $9.15-9.35 in FY2024.
The stock was up over 1% in premarket hours on Friday.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
