Constellation Brands (NYSE:STZ) shares rose more than 3% intra-day today after the company updated its fiscal 2025 earnings outlook, slightly adjusting its expectations for comparable earnings per share (EPS).
The company now projects full-year EPS to fall between $13.60 and $13.80, slightly narrowing the range from its previous estimate of $13.50 to $13.80. This updated guidance aligns closely with analysts’ expectations of $13.68.
In a slight downgrade, Constellation Brands revised its net sales growth forecast to 4% to 6%, down from the earlier anticipated range of 6% to 7%.
Despite these adjustments, the company maintained its operating cash flow guidance, continuing to expect between $2.8 billion and $3.0 billion, which is consistent with the consensus estimate of $2.98 billion.
Additionally, Constellation Brands revealed plans to recognize a non-cash goodwill impairment loss for its Wine and Spirits segment, estimated to be between $1.5 billion and $2.5 billion. This impairment will be reflected in the company’s second-quarter 2025 results and is factored into its updated EPS outlook for the year.
At CWEB, we are always looking to expand our network of strategic investors and partners. If you're interested in exploring investment opportunities or discussing potential partnerships and serious inquiries. Contact: jacque@cweb.com