Beer, wine, and spirits company Constellation Brands (NYSE: STZ) will be reporting earnings this Wednesday afternoon. Here’s what to expect.

Constellation Brands beat analysts’ revenue expectations last quarter, reporting revenues of $2.22 billion, down 9.8% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ EBITDA estimates and a solid beat of analysts’ organic revenue estimates.

Is Constellation Brands a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Constellation Brands’s revenue to decline 13.3% year on year, a reversal from the 1.2% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Constellation Brands has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at Constellation Brands’s peers in the consumer staples segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Cal-Maine’s revenues decreased 53% year on year, beating analysts’ expectations by 3.8%, and Lamb Weston reported revenues up 2.9%, topping estimates by 5.2%. Cal-Maine traded down 1.3% following the results while Lamb Weston was also down 6.9%.

Read our full analysis of Cal-Maine’s results here and Lamb Weston’s results here.

AI disruption fears rattled software and crypto through late 2025, but in spring 2026 the focus shifted to geopolitical risk, oil supply, and global stability. While some of the consumer staples stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4% on average over the last month. Constellation Brands is up 4.1% during the same time and is heading into earnings with an average analyst price target of $172.36 (compared to the current share price of $155.00).

WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it.

This is what the early days of Palantir looked like before it became a $437 billion giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.