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Benzinga
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Constellation Brands Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. STZ expected to report Q1 earnings at $3.29, down from $3.57 YoY. 2. Projected revenue for Q1 is $2.56 billion, compared to $2.66 billion last year. 3. Shares of STZ fell 0.1%, closing at $161.32 recently. 4. Analysts have generally downgraded price targets for STZ stock. 5. Barclays and Wells Fargo maintain 'Overweight' ratings despite price target cuts.

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FAQ

Why Bearish?

The anticipated decline in earnings and revenue suggests weakening fundamentals for STZ. Historical trends indicate negative earnings surprises often lead to significant stock price drops.

How important is it?

The earnings report is directly linked to STZ's financial performance and market perception, affecting both investor confidence and stock price.

Why Short Term?

Analyst predictions and earnings will be revealed soon, leading to immediate market reactions. The short-term volatility in STZ’s stock is expected around the earnings announcement.

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