Constellation Brands Analysts Slash Their Forecasts After Q1 Results
Constellation Brands Inc. (NYSE: STZ ) posted better-than-expected first-quarter results after Tuesday’s closing bell. Constellation Brands reported quarterly earnings of $3.43 per share, which beat the consensus estimate of $3.21 by 6.85%, according to Pro data. Quarterly revenue clocked in at $2.43 billion, which bea