Constellation Brands Earnings Preview: Can This Streak Continue?
Constellation Brands (NYSE:STZ) will report earnings before markets open on Tuesday, July 2nd. Constellation Brands, Inc. produces and markets beverage alcohol in North America, Europe, and Australia, and New Zealand. The Company has a portfolio of brands across the wine, imported beer, and distilled spirits categories. Constellation conducts its business through wholly owned subsidiaries as well as through a variety of joint ventures with various other entities.
Here is your Cheat Sheet to Constellation Brands Earnings:
Earnings Expectations: Analysts expect earnings of $0.40 per share on revenues of $674.27 million. Currently, the company’s P/E ratio stands at 24.06.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.84 to a profit $0.89. For the current year, the average estimate is a profit of $2.81, which is worse than the estimate ninety days ago.
Here’s how Constellation Brands has been performing on an annual basis:
|Revenue ($) in millions||3,655||3,365||3,332||2,654||2,796|
|Diluted EPS ($)||-1.40||0.45||2.62||2.13||2.04|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||May. 31, 2012||Aug. 31, 2012||Nov. 30, 2012||Feb. 28, 2013|
|Revenue ($) in millions||634.80||797.70||766.90||788.00|
|Diluted EPS ($)||0.38||0.67||0.58||0.43|
Constellation Brands has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)