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Benzinga
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How To Earn $500 A Month From Constellation Brands Stock Ahead Of Q2 Earnings

1. STZ's Q2 earnings expected at $3.41, down from $4.32 year-over-year. 2. Projected revenue of $2.48 billion, lower than last year's $2.92 billion. 3. Wells Fargo maintains Overweight rating but cuts price target from $170 to $155. 4. Constellation's dividend yield currently at 3.03%, affecting investor strategies. 5. STZ shares closed down 1.3% at $134.67 recently.

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FAQ

Why Bearish?

Earnings and revenue projections are significantly lower, which may deter investors. Historical earnings drops have often resulted in sustained bearish trends in STZ stock.

How important is it?

The upcoming earnings report is critical for assessing STZ's financial health, impacting investor sentiment significantly.

Why Short Term?

The immediate earnings report will likely lead to short-term volatility. Previous earnings announcements have caused fluctuations in STZ's stock price.

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