- Constellation Brands reported a comparable EPS of $2.63, surpassing both the previous year’s figure of $2.26 and the estimate of $2.29.
- The company’s comparable net sales were $2.16 billion, showing a 1.2% increase year-over-year, and exceeded the estimated $2.13 billion.
- Beer net sales were $1.70 billion, slightly below the estimate of $1.71 billion.
- Wine and spirits net sales came in at $459.8 million, beating the estimated $408.7 million.
- The company reported a comparable operating profit of $659 million, a 4.4% increase from the previous year, surpassing the estimated $637.7 million.
- Operating income from the wine and spirits segment was $99.7 million, a 10% decrease compared to the previous year, but above the estimated $91.6 million.
- Analyst ratings for Constellation Brands include 16 buys, 12 holds, and no sells.
A look at Constellation Brands Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Constellation Brands, a leading producer and marketer of alcoholic beverages globally, has been evaluated across various key factors using the Smartkarma Smart Scores system. With a strong emphasis on growth and dividend potential, Constellation Brands has garnered high scores in these areas, indicating a positive long-term outlook. The company’s ability to drive growth and provide attractive returns to investors through dividends sets a promising path for its future performance.
While Constellation Brands may have moderate scores in value and resilience, its top-notch scores in growth and momentum reflect a bright future ahead. As a key player in the alcoholic beverages industry, Constellation Brands‘ diversified portfolio of brands spanning wine, imported beer, and distilled spirits positions it well for sustained growth and market resilience. Investors may find Constellation Brands an appealing choice for long-term investment opportunities based on its robust growth and dividend prospects.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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