Constellation Brands Q1 Adj. EPS $3.43 Beats $3.21 Estimate, Sales $2.433B Beat $2.392B Estimate

Constellation Brands (NYSE: STZ ) reported quarterly earnings of $3.43 per share which beat the analyst consensus estimate of $3.21 by 6.85 percent. This is a 6.52 percent increase over earnings of $3.22 per share from the same period last year. The company reported quarterly sales of $2.433 billion which beat the analyst consensus estimate of $2.392 billion by 1.73 percent. This is a 3.26 percent decrease over sales of $2.515 billion the same period last year.