Constellation Brands reports second quarter fiscal 2027 financial results
STZ•Constellation Brands acquired SpikedADe for $75 million upfront plus up to $278 million in contingent consideration after the quarter; the acquisition does not affect its fiscal 2027 outlook. LSEG IBES data puts its fiscal 2027 earnings-per-share view at $11.71 and revenue view at $9.09 billion.
1. SpikedADe acquisition
Constellation Brands said it acquired SpikedADe after the quarter for $75 million upfront plus up to $278 million in contingent consideration. The company said the acquisition does not impact its fiscal 2027 outlook.
2. Fiscal 2027 estimates
LSEG IBES data puts Constellation Brands’ fiscal 2027 earnings-per-share view at $11.71 and revenue view at $9.09 billion.
