Investing.com - Constellation Brands A (NYSE:STZ) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Constellation Brands A announced earnings per share of $2.07 on revenue of $2.1B. Analysts polled by Investing.com anticipated EPS of $2.1 on revenue of $2.02B.
Constellation Brands A shares are down 7.63% from the beginning of the year and are trading at $234.00 , down-from-52-week-high.They are under-performing the S&P 500 which is down 5.98% from the start of the year.
Constellation Brands A shares gained 0.94% in pre-market trade the report.
Constellation Brands A follows other major Consumer Staples sector earnings this month
Constellation Brands A's report follows an earnings beat by Costco on Wednesday, who reported EPS of $3 on revenue of $50.03B, compared to forecasts EPS of $2.97 on revenue of $49.58B.
Alimentation Couchen A had beat expectations on Tuesday, March 15, 2022 with third quarter EPS of $0.7 on revenue of $18.58B, compared to forecast for EPS of $0.6452 on revenue of $18.11B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar