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%.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2024/01/Constellation-Brands-Q3-2024-Earnings-Infographic-628x1024.jpg)
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
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/10/Constellation-brands-Q2-2024-earnings-infographic-627x1024.jpg)
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
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%