Equities Analysts Reduce Earnings Estimates for Constellation Brands, Inc. (STZ)
Constellation Brands, Inc. (NYSE:STZ) – Analysts at Jefferies Financial Group lowered their FY2019 EPS estimates for Constellation Brands in a note issued to investors on Wednesday, January 9th. Jefferies Financial Group analyst K. Grundy now anticipates that the company will earn $9.20 per share for the year, down from their prior estimate of $9.25. Jefferies Financial Group currently has a “Buy” rating and a $289.00 price target on the stock. Jefferies Financial Group also issued estimates for Constellation Brands’ FY2020 earnings at $9.53 EPS and FY2021 earnings at $11.07 EPS.