Constellation Brands (STZ.US) stock fell more than 4% despite the fact that the maker of Corona beer posted upbeat fourth quarter figures thanks in part to solid beer sales and improving margins for high-end wines and spirits. The company earned $1.95 per share on $1.95 billion in revenue while analysts' expected earnings of $1.55 per share on $1.87 billion in revenue. Company said it performed well despite pandemic-related challenges. However guidance for financial year 2022 slightly disappointed. Company expects earnings in the region between$9.95 to $10.25 which came in below current expectations of $10.40 but may not be fully factoring in the economic reopening expected for this summer.
Constellation Brands (STZ.US) stock fell more than 4.0% following the earnings release and is currently testing lower limit of the consolidation zone at $225.59. Source: xStation5此页面使用 cookies。 Cookies 是存储在您的浏览器中的文件,大多数网站都使用这些文件来帮助您个性化您的网络体验。 如需更多信息,请参阅我们的隐私政策您可以通过点击“设置”来管理 cookies。 如果您同意我们使用 cookies,请单击“全部接受”。