Constellation Brands, Inc. (STZ)

Constellation Brands beat consensus on both the top and bottom line in the first fiscal quarter of 2027, reported June 30, with adjusted EPS of $3.43 topping the $3.22 estimate by about 7% and revenue of about $2.4 billion edging past the $2.39 billion consensus by about 2%. Revenue still fell about 3% to about $2.4 billion from about $2.5 billion a year earlier, while net income rose about 27% to roughly $654 million from about $516 million a year ago. Gross margin held near 54% and operating margin was about 35% as operating income came in at about $845 million. The company generated operating cash flow of about $662 million, repurchased about $224 million of stock, and paid about $179 million in dividends. Consensus for the next period calls for EPS of $3.61 on revenue of $2.55 billion.