Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at or call 800-767-3771 ext.  9339.

Constellation Brands Inc. (STZ - Analyst Report) is slated to report its first-quarter fiscal 2014 results on Jul 2, 2013. In the last quarter, it posted a positive surprise of 4.4%. Let us see how things are shaping up for this announcement.

Constellation Brands has a portfolio of renowned brands and is the largest wine company in the world. The company’s consistent focus on brand building and its initiatives to include new products in its wine and spirits business are the key revenue drivers for the stock.

Owing to its strategic endeavors, the company is witnessing steady depletion trends and an increasing market share in the U.S. wine and spirits category. Moreover, the company is increasing its distribution points in retail and effectively executing its strategic merchandising initiatives, aimed to bolster sales. Owing to these factors, Constellation Brands posted better-than-expected results in the previous quarter.

The Zacks Consensus Estimate for the first quarter currently stands at 40 cents per share, which rose by a penny in the last 60 days. However, no change was noticed in the last 7 or 30 days. For fiscal 2014, the Zacks Consensus Estimate is pegged at $2.87 per share, up 5 cents in the last 60 days. It inched up by a penny in the last 30 days but no movement was noticed in the last 7 days.

Looking at the earnings surprise history of Constellation Brands, this Zacks Rank #2 (Buy) stock has outperformed the Zacks Consensus Estimate in the last 5 quarters by an average of 26.9%.

Our proven model shows that for a stock to beat earnings estimate this quarter, it needs to have a combination of two key components – a positive Earnings ESP (Read: Zacks Earnings ESP: A Better Method) and a Zacks Rank #1, 2 or 3. Stocks with Zacks Rank #1, 2 and 3 have a significantly higher chance of beating earnings estimates. The sell-rated stocks (Zacks Rank #4 and 5) should never be considered going into an earnings announcement.

Other Stocks to Consider

Here are some other companies you may want to consider, as our model shows that they have the right combination of elements to post an earnings beat this quarter:

Pacific Sunwear of California Inc. (PSUN - Snapshot Report), Earnings ESP of +100.0% and a Zacks Rank #2 (Buy).

Gap Inc. (GPS - Analyst Report), Earnings ESP of +3.45% and a Zacks Rank #2 (Buy).

Boston Beer Co. Inc. (SAM - Snapshot Report), Earnings ESP of +1.48% and a Zacks Rank #3 (Hold).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GROUP DXYN 15.84 +7.90%
BOFL HOLDING BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%