FMP
Jul 2, 2022 12:07 AM - Davit Kirakosyan
Constellation Brands, Inc. (NYSE:STZ) reported its Q1 results, with EPS coming in at $2.66, better than the Street estimate of $2.53. Revenue was $2.54 billion, beating the Street estimate of $2.16 billion.
The prospects of funding approximately $1.5 billion for the Class B share elimination was viewed negatively by the investors, alongside higher investment spending and reasonable questions on demand momentum from here as recessionary pressures build and consumer spending becomes increasingly constrained.
The company expects full 2023 EPS to be in the range of $11.20-$11.50, better than the Street estimate of $11.06.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...