Constellation Brands: Fiscal 3Q Earnings Snapshot
VICTOR, N.Y. (AP) _ Constellation Brands Inc. (STZ.B) on Thursday reported fiscal third-quarter earnings of $1.28 billion.
On a per-share basis, the Victor, New York-based company said it had profit of $6.55. Earnings, adjusted for non-recurring gains, came to $3.09 per share.
The wine, liquor and beer company posted revenue of $2.64 billion in the period. Its adjusted revenue was $2.44 billion.
Constellation Brands expects full-year earnings in the range of $9.80 to $10.05 per share.
Constellation Brands shares have increased 18% since the beginning of the year. The stock has increased 18% in the last 12 months.