StocksMedium•6 October 2026•
1 min read
Constellation Brands Beats Estimates on Strong Beer and Wine Sales
Key Facts
1Constellation Brands reported earnings per share of $3.74, exceeding analyst estimates of $3.55.
2Company revenue reached $2.63 billion, beating the $2.54 billion estimate driven by growth in beer, wine, and spirits segments.
Constellation Brands reported earnings per share of $3.74, exceeding analyst estimates of $3.55 according to Financial Modeling Prep. Company revenue reached $2.63 billion, beating the $2.54 billion estimate driven by growth across its beer, wine, and spirits segments.
The outperformance was fueled by robust consumer demand for core brands such as Corona and Modelo, with beer sales increasing 5% and wine and spirits sales jumping 17%. Regarding market performance, STZ closed at $113.31 on October 5, 2026, within a daily range of $110.6 to $114.5.