Constellation Brands’ (STZ) 12-month forward PE (price-to-earnings) ratio fell 1.4% to 24.0x on October 5, 2017, the day the company announced its fiscal 2Q18 results.
As of October 6, 2017, 13 of the 19 analysts (or 68.0%) covering Constellation Brands (STZ) stock had “buy” ratings for the stock. Six analysts recommended a “hold.”
Constellation Brands’ (STZ) gross margin increased to 51.1% in fiscal 2Q18 from 47.9% in fiscal 2Q17.
Constellation Brands’ (STZ) beer segment accounted for 66.2% of the company’s net sales in fiscal 2Q18, which ended on August 31, 2017.
Constellation Brands (STZ) generated sales of $2.09 billion in fiscal 2Q18, exceeding the consensus analysts’ sales estimate of $2.06 billion.
Constellation Brands (STZ) delivered adjusted EPS of $2.47 in fiscal 2Q18, handily exceeding the consensus Wall Street analysts’ earnings estimate of $2.16 per share.
Constellation Brands (STZ) stock rose 4.0% on October 5, 2017, in reaction to the company’s results for fiscal 2Q18, which ended August 31, 2017.
As of October 5, 2017, PepsiCo stock was rated a “buy” by 55.0% (12 of 22) analysts. The stock is rated a “hold” by ten analysts.
As of October 5, 2017, PepsiCo (PEP) was trading at a 12-month forward PE (price-to-earnings) ratio of 20.3x.
PepsiCo (PEP) stock rose 0.20% to $109.34 on October 4, 2017, the day the company announced its results for fiscal 3Q17.
PepsiCo’s (PEP) gross margin expanded about 10 basis points to 54.6% in fiscal 3Q17, which ended on September 9, 2017.
PepsiCo’s (PEP) Asia, Middle East, and North Africa segment reported a 4.2% fall in fiscal 3Q17 revenue to $1.6 billion.
PepsiCo’s (PEP) North America Beverages segment is its largest segment based on revenue. The segment’s weak numbers impacted PepsiCo’s overall revenue growth in fiscal 3Q17.
Beverage giant PepsiCo (PEP) delivered revenue of $16.2 billion in fiscal 3Q17, which ended on September 9, 2017. It lagged the consensus analysts’ revenue estimate of $16.3 billion.
PepsiCo (PEP) announced its fiscal 3Q17 results on October 4, 2017, beating analysts’ earnings expectations but missing revenue estimates.
Costco’s (COST) increased price investments to drive shoppers to its stores and fend off growing competition in the grocery space adversely impacted its margins in fiscal 4Q17.
Costco’s (COST) fiscal 4Q17 total sales of $42.3 billion exceeded Wall Street’s estimate and rose 15.7% YoY, reflecting growth in average transactions and shopping frequency.
Costco (COST) reported better-than-expected bottom line results on October 5, 2017. The company’s earnings of $2.08 per share surpassed analysts’ estimate of $2.02.
Costco Wholesale (COST) posted strong fiscal 4Q17 results on Thursday, October 5, 2017. As expected, it exceeded analysts’ estimates for both sales and earnings.
RPM beat analysts’ revenue and earnings expectations, but there are concerns about the contracting margins and the rising raw material prices.