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Constellation Brands (STZ) Q2 Earnings and Revenues Beat Estimates
Constellation Brands (STZ) came out with quarterly earnings of $2.72 per share, beating the Zacks Consensus Estimate of $2.61 per share. This compares to earnings of $2.87 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 4.21%. A quarter ago, it was expected that this wine, liquor and beer company would post earnings of $2.07 per share when it actually produced earnings of $2.21, delivering a surprise of 6.76%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Constellation Brands, which belongs to the Zacks Beverages - Alcohol industry, posted revenues of $2.34 billion for the quarter ended August 2019, surpassing the Zacks Consensus Estimate by 0.11%. This compares to year-ago revenues of $2.30 billion.
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https://finance.yahoo.com/news/constella...12587.html
![[Bild: STZc1dl1019.png]](https://finviz.com/publish/100319/STZc1dl1019.png)
Constellation Brands (STZ) came out with quarterly earnings of $2.72 per share, beating the Zacks Consensus Estimate of $2.61 per share. This compares to earnings of $2.87 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 4.21%. A quarter ago, it was expected that this wine, liquor and beer company would post earnings of $2.07 per share when it actually produced earnings of $2.21, delivering a surprise of 6.76%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Constellation Brands, which belongs to the Zacks Beverages - Alcohol industry, posted revenues of $2.34 billion for the quarter ended August 2019, surpassing the Zacks Consensus Estimate by 0.11%. This compares to year-ago revenues of $2.30 billion.
...
https://finance.yahoo.com/news/constella...12587.html
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