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Constellation Brands (STZ) Stock Falls 5% Even After Beating Earnings. Here’s Why
By Trader Edge at 2026-11-07 11:17
Sentiment: Negative
TLDR Constellation Brands beat Q2 earnings estimates, but the stock fell 5% in after-hours trading. Revenue climbed 6% to $2.63 billion, with beer sales up 5% and wine and spirits up 17%. Full-year adjusted EPS guidance of $11.20 to $11.90 came in below Wall Street’s $11.72 estimate. The company acquired vodka-based RTD brand SpikedAde for [...] The post Constellation Brands (STZ) Stock Falls 5% Even After Beating Earnings. Here’s Why appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Stocks
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