Constellation Brands Q2 EPS $3.17 Beats $2.81 Estimate, Sales $2.65B Beat $2.51B Estimate

Constellation Brands (NYSE:STZ) reported quarterly earnings of $3.17 per share which beat the analyst consensus estimate of $2.81 by 12.81 percent. This is a 33.19 percent increase over earnings of $2.38 per share from the same period last year. The company reported quarterly sales of $2.65 billion which beat the analyst consensus estimate of $2.51 billion by 5.78 percent. This is a 11.98 percent increase over sales of $2.37 billion the same period last year.