Constellation Brands (NYSE:STZ.B) Announces Quarterly Earnings Results

Constellation Brands (NYSE:STZ.B) issued its quarterly earnings results on Wednesday. The company reported $2.38 EPS for the quarter, reports. Constellation Brands had a return on equity of 14.99% and a net margin of 13.47%. The firm had revenue of $2.37 billion during the quarter.

STZ.B opened at $212.91 on Friday. Constellation Brands has a 12-month low of $107.51 and a 12-month high of $211.39. The stock has a market cap of $40.90 billion, a price-to-earnings ratio of 33.37 and a beta of 1.07. The business has a 50 day moving average of $217.00 and a 200-day moving average of $227.27. The company has a quick ratio of 0.94, a current ratio of 1.61 and a debt-to-equity ratio of 0.79.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 19th. Stockholders of record on Friday, November 5th will be given a $0.69 dividend. The ex-dividend date is Thursday, November 4th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 1.30%.

Separately, TheStreet cut Constellation Brands from a “b” rating to a “c+” rating in a research report on Friday, July 9th.

About Constellation Brands

Constellation Brands, Inc, together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. It provides beer primarily under the Corona Extra, Corona Premier, Corona Familiar, Corona Light, Corona Refresca, Corona Hard Seltzer, Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria brands.

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Earnings History for Constellation Brands (NYSE:STZ.B)

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