Constellation Brands reports lower Q3 earnings and revenue, with stock up on prior strong results.

Constellation Brands is set to report third-quarter earnings on Jan. 7, 2025, with analysts expecting $2.64 per share in earnings, down from $3.25 a year ago, and revenue of $2.16 billion, a decline from $2.46 billion. The stock rose 2.3% to $141.17 after strong second-quarter results. Several top analysts adjusted price targets lower while maintaining their ratings, reflecting cautious outlooks, with accuracy rates among them ranging from 58% to 70%.