Constellation Brands Reports Q4 Earnings Today – What to Expect

Constellation Brands Reports Q4 Earnings Today – What to Expect

Constellation Brands (STZ), an American producer of beer, wine, and spirits, will release results for the fiscal fourth quarter of 2022 today.

Notably, Constellation Brands posted mixed financial performance in the third quarter of its fiscal year. While net sales fell 5% year-over-year to $2.3 billion, adjusted earnings, excluding Canopy, climbed 8% to $3.42 per share.

The company should continue to generate decent earnings in the upcoming quarter, thanks to the company's expanding product line.