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Your Two Minute Earnings Preview for Constellation Brands (STZ) Stock
Today’s video takes a very quick look at shares of Constellation Brands (STZ - Free Report) ahead of their earnings report. The company is riding a nice streak of earnings beats, while its industry is in the top 15% overall too, suggesting a pretty nice trend.
However, it is important to note that the most recent estimates have been slightly lower, and the company has an Earnings ESP of -1.8%. Add this to a mediocre fundamental score of ‘C’, and there are definitely some questions heading into the release.
Still, Constellation Brands has a Zacks Rank #2 (Buy), and it was recently upgraded into buy territory within the past week. Plus, the company hasn’t missed earnings estimates in two years so it has a pretty good looking chart, as we can see below.
CONSTELLATN BRD Price, Consensus and EPS Surprise
CONSTELLATN BRD Price, Consensus and EPS Surprise | CONSTELLATN BRD Quote
As you can see, earnings estimates have been on the rise, and the company has done an impressive job in managing earnings expectations over the years. The chart is arguably one of the best looking ones this week, and if you’d like to see another impressive chart, make sure to check out our quick video which looks at This Week’s Must See Earnings Charts.
Constellation Brands reports before the bell on October 5th and we are looking for earnings per share of $1.66 from the company. Make sure to watch the video for a quick guide to STZ heading into the report, but if you want to trade STZ stock, check out Dave Bartosiak’s Live Trader for some option insights ahead of the release.