Constellation Brands (STZ) Net Sales Expected To Increase: Earnings Preview

Constellation Brands (STZ) expectations have come in based on slower scanner trends in beer and operating margin concerns, says Gerald Pascarelli. He and Garrett Nelson preview STZ's earnings which will be released January 5th. They talk about STZ's estimates $2.89 adjusted EPS and $2.39B in revenue. Garrett notes that STZ's net sales are expected to increase by about 10% in FY23 and 3% in FY24. Tune in to find out more about the stock market today.

Trading 360

04 Jan 2023

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