Investing.com - Constellation Brands A (NYSE:STZ) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Constellation Brands A announced earnings per share of $3.42 on revenue of $2.32B. Analysts polled by Investing.com anticipated EPS of $2.81 on revenue of $2.28B.
Constellation Brands A shares are up 0.95% from the beginning of the year and are trading at $256.94 , down-from-52-week-high.They are outperforming the S&P 500 which is down 1.38% from the start of the year.
Constellation Brands A shares gained 1.41% in pre-market trade the report.
Constellation Brands A follows other major Consumer Staples sector earnings this month
Constellation Brands A's report follows an earnings beat by Costco on Thursday, December 9, 2021, who reported EPS of $2.97 on revenue of $50.36B, compared to forecasts EPS of $2.62 on revenue of $49.65B.
Walgreens Boots had beat expectations on Thursday with first quarter EPS of $1.68 on revenue of $33.9B, compared to forecast for EPS of $1.35 on revenue of $32.46B.
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