Constellation Brands (STZ) Beats Q2 Earnings and Revenue Estimates

Constellation Brands (STZ) came out with quarterly earnings of $3.63 per share, beating the Zacks Consensus Estimate of$ 3.37 per share. This compares to earnings of $4.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +7.72%. A quarter ago, it was expected that this wine, liquor and beer company would post earnings of$ 3.34 per share when it actually produced earnings of $3.22, delivering a surprise of -3.59%.Over the last f ...