Constellation Brands Inc. (NYSE:STZ) posted weaker-than-expected earnings for its first quarter and affirmed its FY2026 earnings guidance after the closing bell on Tuesday.
Constellation Brands reported quarterly earnings of $3.22 per share, which missed the analyst consensus estimate of $3.31 per share. The company reported quarterly sales of $2.515 billion, which missed the analyst consensus estimate of $2.554 billion.
Constellation Brands affirmed its FY2026 adjusted EPS guidance of $12.60-$12.90 versus market estimates of $12.69.
STZ shares fell 0.2% to trade at $173.61 on Thursday.
These analysts made changes to their price targets on STZ …