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Bartosiak: Trading Constellation's (STZ) Earnings with Options

On Friday, January 5th, Constellation (STZ) will release its third quarter earnings results after the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of B.

Dave will look at Constellation’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Constellation ahead of earnings.

Constellation in Focus

Constellation Brands is a leading producer and marketer of beverage alcohol brands, with a broad portfolio across the wine, spirits and imported beer categories and operations in the U.S., Canada, Mexico, New Zealand and Italy. The company's major wine and spirts brands include Robert Mondavi, Clos Du Bois, Kim Crawford, SVEKDKA Vodka, and Casa Noble Tequila. Constellation Brands is based in Victor, New York.

Constellation is expected to report earnings at per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 14.35%. They reported earnings at $2.47per share, beating their estimate of $2.16. They have an average earnings surprise of 13.63% over the last 4 quarters.

Constellation Brands Inc Price, Consensus and EPS Surprise

Constellation Brands Inc Price, Consensus and EPS Surprise | Constellation Brands Inc Quote

Bottom Line

How should investors play Constellation ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST today to see David’s thoughts.


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Constellation Brands Inc (STZ): Free Stock Analysis Report
 
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