Constellation Brands Stock Nears Yearly Low Ahead of Q2 Earnings Report
Constellation Brands stock is set to report its second-quarter results on October 6 after market close, which could shed light on revenue and profit trends. The company's shares have been trading near their yearly low of $111.54, with the current price at $112.87 as of October 2.
The Q2 results will cover the quarter ended August 31, 2026, and analysts are watching closely for signs of recovery after a disappointing first quarter. In Q1, Constellation Brands reported revenue of $2.43 billion, down 3.3% from the prior year, while GAAP EPS was $3.79 compared to $2.89 in the same period last year.
Despite the decline in revenue, the company's profit comparisons remain stronger on a GAAP basis. MarketBeat reported adjusted EPS of $3.43 against a consensus estimate of $3.70 for the quarter ended May 31, 2026.
Royal Bank of Canada maintained its Outperform rating and $185 price target for Constellation Brands stock, which is $72.13 above the current price. The market capitalization of the company stands at $19.3 billion, reflecting the scale of the debate around its near-term earnings and longer-term recovery potential.