Constellation brands qtrly reported loss per share $2.77
Qtrly reported loss per share $2.77.qtrly comparable earnings per share $2.72.sees 2020 eps on a reported basis $0.55 - $0.75.qtrly reported net sales $2.34 billion, up 2%.sees, on comparable basis, fy20 eps of $9.00 - $9.20.constellation brands - sees net sales and operating income growth from beer at 7% - 9% for 2020.sees fy20 wine and spirits net sales decline 15 - 20%.constellation brands - sees 2020 capex $800 million - $900 million.increases fiscal 2020 operating cash flow target to about $2.2 billion and free cash flow projection to $1.3 billion - $1.4 billion.wine and spirits transaction now expected to close by year end fiscal 2020.constellation brands - sees 2020 fcf $1.3 billion - $1.4 billion.constellation’s share of canopy growth’s equity losses and related activities for q2 totaled a loss of $484.4 million.q2 earnings per share view $2.60, revenue view $2.34 billion -- refinitiv ibes data.q2 revenue view $2.34 billion -- refinitiv ibes data.constellation brands - in q2, recorded $46 million of charges related to efforts to gain efficiencies and reduce cost structure of business.fy2020 earnings per share view $8.43 -- refinitiv ibes data.constellation brands - due to wine and spirits and black velvet deals, cost reduction plan is expected to be implemented for fiscal 2020 and 2021.
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