Walgreens Among Companies Beating Earnings Expectations; Micron Reports After Bell 2021/01/07 15:01:20 Benzinga
If, like many Americans, you went to bed with a sense of unease after the tumult in Washington, you’re probably feeling some relief this morning. The market seems stable after Congress certified Joe Biden’s election win following unrest on Capitol Hill. Investors also apparently have more clarity now that the results of Georgia’s Senate runoffs have been projected, solidifying Democrat control in Washington and increasing expectations of more stimulus to come. With the political tensions easing, more stimulus expected to help boost the economy, and coronavirus vaccines helping bring a measure of calm to investors and traders, it seems that the market can now focus on earnings season. Earnings news this morning was largely positive as Walgreens Boots Alliance Inc (NASDAQ: WBA ), Conagra Brands Inc (NYSE: CAG ), and Constellation Brands, Inc. (NYSE: STZ ) reported better-than-expected profit. Still, shares of housewares retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY ) dropped 13% ahead of the bell after reporting sales figures that fell short of forecasts.
Constellation Brands Tops Estimates, Provides Strong Guidance 2021/01/07 14:14:28 The Street
The alcohol and spirits maker beats analysts' fiscal third-quarter estimates for both revenue and earnings.
Constellation Brands (NYSE: STZ) Q3 2021 earnings: Infographic 2021/01/07 13:26:00 AlphaStreet
Constellation Brands (NYSE: STZ), the largest beer producer in the U.S, reported third-quarter 2021 earnings results today. Net sales grew to $2.44 billion from $1.99 billion last year, which shows […]
Constellation Brands Does Earnings Surprise History Hold Any Clue for Stock market Insights & financial analysis 2021/01/07 12:40:00 Stock Market Daily
Constellation Brands announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
Constellation Brands Reports Third Quarter Fiscal 2021 Results 2021/01/07 12:30:00 GlobeNewswire
VICTOR, N.Y., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, reported today its…
Constellation Brands Stock Looking to Finish 2020 Strong 2020/12/18 14:00:50 Schaeffers Investment Research
Constellation Brands stock is one of the biggest players in the liquor sector
Here are the favorite stocks for 2021 from UBS including Morgan Stanley and Southwest 2020/12/15 18:12:02 CNBC
UBS likes names like Morgan Stanley and Constellation Brands, among other equities with big upside to UBS' price target.
Canada Beer and Cider Market Insights Report 2020 Featuring Labatt, Molson, Sleeman, Heineken, Moosehead, Constellation Brands, Brick Brewing, Big Rock Brewery - ResearchAndMarkets.com 2020/12/15 11:57:00 Business Wire
DUBLIN--(BUSINESS WIRE)--The "Canada Beer and Cider Market Insights 2020 - Key Insights and Drivers behind the Beer and Cider Market Performance" report has been added to ResearchAndMarkets.com's offering. Canada Beer and Cider Market Insights 2020 report provides a complete overview of the Canada Beer and Cider industry structure offering a comprehensive insight into historical background trends, 2019 performance and 2020 outlook. Growing concerns over health and wellbeing have resulted in man
Traders bet on one beverage and alcohol stock this holiday season - Stocks News Feed 2020/12/09 18:48:01 Stocks News Feed
Wells Fargo is in high spirits this holiday season. Analysts divvied up the beverage and booze space on Tuesday – initiating Coca-Cola, Monster and Constellation Brands as overweight on growth prospects and PepsiCo, Keurig Dr. Pepper and Molson Coors as equal weight. Todd Gordon, founder of TradingAnalysis.com, is backing Wells Fargo’s call on one of… Read More »Traders bet on one beverage and alcohol stock this holiday season
The world's biggest cannabis companies are jockeying to dominate the $61 billion US market after marijuana legalization swept 5 states 2020/12/08 22:21:30 Business Insider
Summary List Placement Cannabis giants are developing plans to dominate the lucrative US marijuana market — even though they probably won't be able to enter it for some time, analysts and experts say. Two of the biggest Canadian cannabis companies, Canopy Growth and Aphria are using deals and partnerships to gain a foothold in the US. These moves come as five states, including New Jersey and Arizona, voted to legalize marijuana during the November election . Cannabis firms are betting that President-elect Joe Biden and Vice President-elect Kamala Harris will be friendlier to the industry than President Donald Trump, as the Biden campaign has pledged to decriminalize marijuana. Read more: The ultimate guide to marijuana legalization: Here are all the states that passed cannabis reform, the key dates to know, and which stocks could benefit the most. Adding to the optimism, the Democratic-led House of Representatives passed the Marijuana Opportunity Reinvestment and Expungement (MORE) Act, which would federally decriminalize cannabis and expunge the records of those convicted for cannabis-related crimes.
The world's largest cannabis company is angling to jump into the US marijuana market after Biden's win 2020/11/18 19:22:00 Business Insider
Summary List Placement Canopy Growth, the world's largest cannabis company by market value, is laying the groundwork to enter the lucrative US cannabis market, after Joe Biden defeated Donald Trump in the presidential election earlier this month. On top of that, five states, including New Jersey and Arizona, voted to legalize marijuana during the election, a strong sign of what some in the industry say is a "green wave" of support for cannabis legalization among US voters. The US is set to become a $100 billion cannabis market by 2030 , according to estimates from the investment bank Cowen, up from about $61 billion this year. Canadian cannabis companies like Canopy are finding creative ways to get their brands in front of US consumers so they can hit the ground running as soon as that's allowed. "Legal marijuana is becoming the American norm," Canopy CEO David Klein said on a call with investors earlier this month. Canopy reported its quarterly earnings earlier this month, posting net revenue of 135 million Canadian dollars and a C$96.6 million net loss.
Citigroup Stick to Their Hold Rating for Constellation Brands 2020/11/17 16:37:40 Investing.com
Citigroup Stick to Their Hold Rating for Constellation Brands
Why This Constellation Brands Analyst Sees Beer Rebound Ahead 2020/11/03 17:15:48 Benzinga
Beer maker Constellation Brands, Inc. (NYSE: STZ ) is showing early signs of a rebound after COVID-19 forced a shutdown of its Mexican brewery, Morgan Stanley said in an upgrade note. The Constellation Analyst: Dara Mohsenian upgraded Constellation Brands from Equal-weight to Overweight with an unchanged $203 price target. The Constellation Thesis: Constellation's beer sales started to show signs of growth over the last few months, and the momentum seems to be sustainable, Mohsenian said in an upgrade note. Specifically, data compiled by Morgan Stanley points to 19% growth in Constellation's U.S. beer sales for the two-week period ended Oct. 17. If accurate, … Full story available on Benzinga.com
Here are Tuesday's biggest analyst calls of the day: Constellation Brands, Alphabet, Skechers & more 2020/11/03 13:09:43 CNBC
Here are the biggest calls on Wall Street on Tuesday.