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Constellation Brands issues lower-than-expected earnings guidance for FY 2026, causing mixed stock reactions.
Constellation Brands, a major alcohol producer, issued FY 2026 earnings guidance with EPS expected between $12.60-$12.90, below analysts' estimates of $13.94.
Despite reporting Q1 EPS of $2.63, surpassing estimates by $0.35, the company's stock saw mixed reactions, trading up to $183.66 but later falling to $177.01.
Analysts forecast 13.5 EPS for the current fiscal year, with a "Hold" rating and a target price of $244.32.
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Constellation Brands emite una previsión de ganancias más baja de lo esperado para el año fiscal 2026, lo que provoca reacciones mixtas de las acciones.