Constellation Brands (STZ-B) Posts Quarterly Earnings, Beats Expectations By $0.15 EPS
Constellation Brands (NASDAQ:STZ-B) issued its quarterly earnings data on Wednesday. The company reported $1.07 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.92 by $0.15, ARN reports.
Shares of Constellation Brands (NASDAQ:STZ-B) opened at 88.17 on Wednesday. Constellation Brands has a 1-year low of $50.02 and a 1-year high of $88.62. The stock’s 50-day moving average is $84.23 and its 200-day moving average is $80.23. The company has a market cap of $16.910 billion and a price-to-earnings ratio of 8.97.
A number of research firms have recently commented on STZ-B. Analysts at Citigroup Inc. raised their price target on shares of Constellation Brands from $90.00 to $93.00 in a research note on Thursday, May 29th.
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