Constellation Brands Report Better Than Expected Q4 Results & 2024 Guidance 
<p><a href='https://financialmodelingprep.com/financial-summary/STZ'>Constellation Brands (NYSE:STZ)</a> reported its Q4 results last week, with EPS of $1.98 beating the Street estimate of $1.84. Revenue was $2 billion (down 5% year-over-year), roughly in line with the Street estimate of $2.01 billion. Wine and Spirits shipments dropped 22.1% year-over-year.</p>
<p>The company provided its outlook for the full 2024 year, expecting EPS to be in the range of $11.70-$12.00, better than the Street estimate of $11.68.</p>
<p>Furthermore, the company hiked its quarterly dividend by 11% to $0.89 per share.</p>

NYSE:STZ