beer giant’s stock faces headwinds, opportunities By Investing.com
Constellation Brands, Inc. (NYSE:), a leading producer and marketer of beer, wine, and spirits, has been navigating a complex market environment characterized by strong beer segment performance and challenges in its wine and spirits division. As the company continues to adapt to changing consumer preferences and macroeconomic uncertainties, investors and analysts are closely monitoring its performance and future prospects.
Recent Financial Performance
In the first quarter of fiscal year 2025, Constellation Brands reported earnings per share (EPS) of $3.57, surpassing the consensus estimate of $3.46. This outperformance was primarily driven by strong margins in the beer segment and lower interest expenses. The company’s beer sales grew…
