Constellation Brands Q3 Adj. EPS $3.06 Beats $2.64 Estimate, Sales $2.223B Beat $2.164B Estimate

Constellation Brands (NYSE:STZ) reported quarterly earnings of $3.06 per share which beat the analyst consensus estimate of $2.64 by 15.82 percent. This is a 5.85 percent decrease over earnings of $3.25 per share from the same period last year. The company reported quarterly sales of $2.223 billion which beat the analyst consensus estimate of $2.164 billion by 2.71 percent. This is a 9.79 percent decrease over sales of $2.464 billion the same period last year.