Constellation Brands
increased its quarterly dividend and reported earnings that beat expectations. Sales at the beer and spirits company slightly missed Wall Street’s consensus.
Constellation Brands (ticker: STZ) reported fiscal fourth-quarter adjusted earnings of $1.98 a share on sales of nearly $2 billion. Analysts surveyed by FactSet were expecting Constellation to post earnings of $1.83 a share on revenue of $2.01 billion.
Source: https://www.barrons.com/articles/constellation-brands-stock-earnings-dividend-d8cb7af2?siteid=yhoof2&yptr=yahoo