Constellation Brands Beats Estimates for a Fourth Straight Quarter
As seen on the 24/7 Wall St. homepage on October 6, 2026.
A fourth straight quarter of beating EPS estimates, powered by 5.5% beer shipment volume growth and a Wine and Spirits segment that swung to an operating profit from a year-ago loss. Management reaffirmed comparable fiscal 2027 EPS guidance of $11.20 to $11.90, a firmer footing for a stock that has been trading near 52-week lows.
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Constellation Brands posted adjusted EPS of $3.74 for its fiscal second quarter of 2027, beating expectations and extending its streak of beats to four quarters.
Beer carried the quarter, with shipment volume growth of 5.5% as Pacifico and Victoria offset declines at Modelo Especial and Corona Extra.
Wine and Spirits swung to an operating profit from a year-ago loss on tariff recoveries and cost optimization.
Management reaffirmed fiscal 2027 EPS guidance, firming the outlook for a stock trading near 52-week lows.
The company is buying ready-to-drink brand SpikedAde for $75 million upfront, with no change to fiscal 2027 guidance.
Mentioned: STZ