Daily Stocks News » STZ

Constellation Brands’ Q2 Revenue More Than Doubles

Warren Paige — Thu, 03 Oct 2013 16:29:21 +0000

Wine and spirit company, Constellation Brands (NYSE: STZ) reported adjusted earnings of $188.7 million or 96 cents a share for the fiscal second quarter compared to a profit of $131 million or 71 cents a share, in the year earlier quarter. Analysts polled by Thomson Reuters had forecasted earnings of 88 cents a share. Revenue [...]

Constellation Brands Beats Q4 Earnings Estimate (STZ)

Warren Paige — Wed, 10 Apr 2013 16:15:47 +0000

Although Constellation Brands Inc. (NYSE: STZ) reported on Wednesday that its fiscal fourth-quarter profit shrank 21% from year-earlier quarter mainly due to higher taxes and rise in expenses, adjusted earnings edged past street’s estimate as top line growth was bolstered by strong sales of wines and spirits while its recent acquisition also helped driving up [...]

Constellation Brands Shares Rise on Q2 Results (STZ)

Warren Paige — Fri, 05 Oct 2012 18:49:20 +0000

Shares of Constellation Brands Inc. (NYSE: STZ), a leading premium wine company, are up sharply in trading today following the release of second-quarter financial results.

For he second quarter of fiscal 2013, STZ reported consolidated net sales of $699 million, representing an increase of 1% over the same period in the previous year. GAAP [...]

Constellation Brands Q1 Profit Drops 3%, Shares Jump on Acquisition News (STZ)

Warren Paige — Fri, 29 Jun 2012 20:52:56 +0000

Constellation Brands (NYSE: STZ) reported its fiscal first quarter earnings on Friday. The Company said that its earnings declined 3% against the same period last year owing to higher interest expenses and onetime expenses. However, company’s adjusted earnings were better than Wall Street’s expectations.

The maker of Robert Mondavi and Ravenswood wines also announced [...]