We're upgrading this beer stock after an unwarranted post-earnings slide

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Constellation Brands (STZ) on Thursday delivered a top-and-bottom line quarterly earnings beat, while raising its full-year guidance.

Constellation Brands on Thursday delivered a top-and-bottom-line quarterly earnings beat, while raising its full-year guidance. And with shares retreating unnecessarily post-results, we're upgrading the stock to a buy rating. Net sales for the three months ended Aug. 31 climbed 7% year-over-year, to $2.84 billion, ahead of Wall Street's expectations of $2.82 billion, according to Refinitiv. Adjusted earnings-per-share advanced 17% compared with the same period a year prior, to $3.

A worker from Constellations Brands Inc.'s Grupo Modelo subsidiary makes a delivery in the Zona Rosa neighborhood of Mexico City. on Thursday delivered a top-and-bottom-line quarterly earnings beat, while raising its full-year guidance. And with shares retreating unnecessarily post-results, we're upgrading the stock to a buy rating.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

What to expect when beer king Constellation Brands reports earnings Thursday morningWe're bullish on Constellation Brands (STZ) ahead of its earnings print, even as consumers are pressured in a tough economy.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Constellation Brands earnings top estimatesCiara Linnane is MarketWatch's investing- and corporate-news editor. She is based in New York.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

Constellation Brands beats on earnings as Modelo-fueled beer momentum continuesRevenue growth was driven by demand for its Modelo Especial and Modelo Chelada brands as well as Corona Extra.
출처: NBCLA - 🏆 319. / 59 더 많은 것을 읽으십시오 »