Constellation Brands (NYSE: STZ) is expected to report Q1 earnings on June 29. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Constellation Brands' revenues will grow 1.8% and EPS will not change.
The average estimate for revenue is $646.6 million. On the bottom line, the average EPS estimate is $0.39.
Revenue details
Last quarter, Constellation Brands reported revenue of $628.0 million. GAAP reported sales were 12% lower than the prior-year quarter's $715.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.69. GAAP EPS of $0.51 for Q4 were 61% lower than the prior-year quarter's $1.32 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 39.2%, 360 basis points better than the prior-year quarter. Operating margin was 19.5%, 500 basis points better than the prior-year quarter. Net margin was 16.4%, 2,270 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $2.76 billion. The average EPS estimate is $1.99.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 343 members out of 371 rating the stock outperform, and 28 members rating it underperform. Among 101 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 99 give Constellation Brands a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Constellation Brands is outperform, with an average price target of $23.20.
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