Today’s video takes a very quick look at shares of Constellation Brands (NYSE:STZ) ahead of their earnings report. The company is riding a nice streak of earnings beats, while its industry is in the top 15% overall too, suggesting a pretty nice trend.
However, it is important to note that the most recent estimates have been slightly lower, and the company has an Earnings ESP of -1.8%. Add this to a mediocre fundamental score of ‘C’, and there are definitely some questions heading into the release.
Still, Constellation Brands has a Zacks Rank #2 (Buy), and it was recently upgraded into buy territory within the past week. Plus, the company hasn’t missed earnings estimates in two years so it has a pretty good looking chart, as we can see below.
Constellation Brands reports before the bell on October 5th and we are looking for earnings per share of $1.66 from the company. Make sure to watch the video for a quick guide to STZ heading into the report, but if you want to trade STZ stock, check out Dave Bartosiak’s Live Trader for some option insights ahead of the release.
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CONSTELLATN BRD (STZ): Free Stock Analysis Report
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