Corona beer producer predicts better than expected annual profit
VICTOR, New York: This week,Constellation Brands, the producer of Corona beer, predicted an annual profit that exceeds Wall Street expectations due to consistent demand for its core beer brands despite sticky inflation.
Compared with analysts' average estimates of US$13.42 per share, Constellation expects annual comparable earnings per share for 2025 to be between $13.50 and $13.80.
As consumers stretched t