Constellation Brands reported second-quarter fiscal 2026 revenue of $2.43 billion, beating Wall Street estimates of $2.39 billion despite a 3.3% year-on-year decline. Adjusted earnings per share came in at $3.43, topping the consensus of $3.26. However, the company's full-year revenue guidance of $9 billion at the midpoint fell 1.1% short of analyst expectations, and its full-year adjusted EPS outlook of $11.55 was also below estimates. Organic revenue rose 3% year on year, exceeding projections, while operating margin improved to 34.7% from 28.4% a year earlier.
Constellation Brands Inc Class AQ2 sales and EPS beat estimates, but full-year guidance missed expectations, creating mixed signals.