Constellation Brands reported calendar Q3 2026 results that topped revenue expectations but sent shares down 5.4% to $110.15 on weaker full-year guidance. Revenue rose 6.1% year on year to $2.63 billion, beating analyst estimates of $2.53 billion by 3.9%, while non-GAAP profit of $3.74 per share came in 5.5% above the $3.55 consensus. However, the company's full-year revenue guidance of $9 billion at the midpoint landed 0.9% below analysts' estimates, and management reiterated full-year Adjusted EPS guidance of $11.55 at the midpoint, which fell slightly short of Wall Street's expectations. Operating margin slipped to 30.6% from 35.2% a year earlier, and free cash flow margin declined to 24.3% from 25.6%, though free cash flow still reached $639.9 million. The company carries a market capitalization of $19.35 billion.
Constellation Brands Inc Class AQ3 revenue and EPS beat, but full-year revenue and Adjusted EPS guidance came in below estimates and operating margin slipped to 30.6% from 35.2%, sending shares down 5.4%.
