Constellation Brands Inc. ($STZ) Stock Forecast: Down 0.7% Today

What is Constellation Brands Inc.?

Constellation Brands (STZ) is a leading beverage alcohol company known for its popular brands like Corona and Modelo. The stock had a bearish movement today amidst significant market activity.

Why is Constellation Brands Inc. going down?

STZ stock is down 0.7% on Jul 3, 2024 15:01

• Despite reporting a surge in EPS to $4.78 in Q1 FY 2025, Constellation Brands' stock experienced a bearish movement, possibly due to revenue slightly missing estimates.
• The initial excitement from an earnings beat that led to a 3% stock gain was short-lived as investors may have focused on the revenue miss.
• The rise in the stock price driven by the beer segment's strong performance might have been overshadowed by concerns about overall sales growth missing analyst consensus.
• The announcement of quarterly cash dividend payouts could not offset the market's reaction to the revenue miss, contributing to the bearish movement in STZ stock.

STZ Price Chart

STZ Technical Analysis

STZ News

Constellation Brands (STZ) Q1 FY 2025 Earnings: EPS Surges to $4. ...

Constellation Brands (STZ) Q1 FY 2025 Earnings: EPS Surges to $4.78, Revenue Slightly Misses Estimates

https://www.gurufocus.com/news/2468090/constellation-brands-stz-q1-fy-2025-earnings-eps-surges-to-478-revenue-slightly-misses-estimates

Constellation Brands reports earnings beat, stock gains 3%

https://www.investing.com/news/stock-market-news/constellation-brands-reports-earnings-beat-stock-gains-3-93CH-3507144

https://www.investing.com/news/stock-market-news/constellation-brands-reports-earnings-beat-stock-gains-3-93CH-3507144

Constellation Brands' Stock Rises as Beer Segment Drives Q1 Profit Boom Why Constellation Brands Shares Are Gaining Today - Constellation Brands ( NYSE:STZ )

Constellation Brands Inc. STZ shares are rising after the company posted better-than-expected first-quarter FY25 adjusted EPS. The company reported first-quarter sales growth of 6% year-on-year to $2.66 billion, missing the analyst consensus estimate of $2.67 billion.

https://www.benzinga.com/news/24/07/39616052/constellation-brands-stock-rises-as-beer-segment-drives-q1-profit-boom

Constellation Brands Announces Quarterly Cash Dividend Payouts

Constellation Brands (STZ) has shared an update. Constellation has announced a quarterly cash dividend for its stockholders, with Class A Common St…

https://www.tipranks.com/news/company-announcements/constellation-brands-announces-quarterly-cash-dividend-payouts

Constellation Brands Reports First Quarter Fiscal 2025 Financial Results

ROCHESTER, N.Y., July 03, 2024 ( GLOBE NEWSWIRE ) -- Constellation Brands, Inc. ( NYSE: STZ ) , a leading beverage alcohol company, reported today its first quarter fiscal 2025 financial results. A conference call to discuss the financial results and outlook will be hosted by President and Chief ...

https://www.globenewswire.com/news-release/2024/07/03/2908095/0/en/Constellation-Brands-Reports-First-Quarter-Fiscal-2025-Financial-Results.html

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Constellation Brands Inc. Price History

03.06.2024 - STZ Stock was down 0.7%

• Despite reporting a surge in EPS to $4.78 in Q1 FY 2025, Constellation Brands' stock experienced a bearish movement, possibly due to revenue slightly missing estimates.
• The initial excitement from an earnings beat that led to a 3% stock gain was short-lived as investors may have focused on the revenue miss.
• The rise in the stock price driven by the beer segment's strong performance might have been overshadowed by concerns about overall sales growth missing analyst consensus.
• The announcement of quarterly cash dividend payouts could not offset the market's reaction to the revenue miss, contributing to the bearish movement in STZ stock.