Investing.com - Constellation Brands A (NYSE:STZ) reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $2.14 on revenue of $2B. Analysts polled by Investing.com forecast EPS of $1.85 on revenue of $1.95B. That compared to EPS of $2.37 on revenue of $1.97B in the same period a year earlier. The company had reported EPS of $2.72 on revenue of $2.34B in the previous quarter.
Constellation Brands A shares gained 0.55% to trade at $191.34 in after-hours trade following the report.
Constellation Brands A shares gained 0.55% to trade at $191.34 in after-hours trade following the report.
For the year, Constellation Brands A shares are up 0.28%, broadly in line with the S&P 500 which is up 0.24% year to date.
Constellation Brands A follows other major Consumer/Non-Cyclical sector earnings this month
On Wednesday, Constellation Brands B reported third quarter EPS of $2.14 on revenue of $2B, compared to forecasts of EPS of $1.85 on revenue of $1.95B.
General Mills earnings beat analyst's expectations on Wednesday, December 18, 2019, with second quarter EPS of $0.95 on revenue of $4.42B. Investing.com analysts expected EPS of $0.88 on revenue of $4.43B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar