03.07.2024 13:45:31 - dpa-AFX: Constellation Brands Inc Profit Advances In Q1
WASHINGTON (dpa-AFX) - Constellation Brands Inc (STZ) reported a profit for
its first quarter that increased from the same period last year
The company's earnings totaled $877.0 million, or $4.78 per share. This
compares with $135.9 million, or $0.74 per share, in last year's first quarter.
Excluding items, Constellation Brands Inc reported adjusted earnings of $654.5
million or $3.57 per share for the period.
The company's revenue for the quarter rose 6.0% to $2.66 billion from $2.51
billion last year.
Constellation Brands Inc earnings at a glance (GAAP) :
-Earnings (Q1): $877.0 Mln. vs. $135.9 Mln. last year.
-EPS (Q1): $4.78 vs. $0.74 last year.
-Revenue (Q1): $2.66 Bln vs. $2.51 Bln last year.
-Guidance:
Full year EPS guidance: $13.50 - $13.80
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX