Constellation Brands beats fiscal second-quarter estimates and maintains annual outlook
Constellation Brands reported fiscal second-quarter adjusted EPS of $3.74 and revenue of $2.63B, with revenue up 6.0% year over year. The company reiterated fiscal 2027 comparable EPS guidance of $11.20 to $11.90 per share and said sustained September trends could put results near the top of that range. Beer sales and market-share gains supported the quarter, while the company reduced its operating-margin outlook.
Why it matters
The results exceeded cited consensus estimates, but the lower margin outlook remains a key variable for investors. Management said continued positive September trends would support reaching the high end of its fiscal 2027 EPS range.
Key facts
- 1Constellation Brands posted fiscal second-quarter adjusted EPS of $3.74, versus a FactSet estimate of $3.55. marketscreener.com
- 2Fiscal second-quarter revenue was $2.63B, up 6.0% year over year. seekingalpha.com
- 3Management reaffirmed fiscal 2027 comparable EPS guidance of $11.20 to $11.90 per share. benzinga.com
- 4The company said Pacifico had become a top 10 beer brand. benzinga.com
- 5Constellation Brands lowered its operating-margin outlook. finance.yahoo.com
Open questions
- Material 7 reports revenue of $2.82B, while several other materials report $2.63B; the materials do not reconcile the difference.
- Materials 5, 6 and 19 describe the fiscal 2027 EPS outlook as raised, while management said it was reiterated in material 17.
Summary written by AlphAI from 20 of 32 sources. Not investment advice. Figures are as stated by the linked sources.