Investing.com - Constellation Brands A (NYSE:STZ) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Constellation Brands A announced earnings per share of $3.17 on revenue of $2.66B. Analysts polled by Investing.com anticipated EPS of $2.78 on revenue of $2.5B.
Constellation Brands A shares are down 5.98% from the beginning of the year and are trading at $240.00 , down-from-52-week-high.
Constellation Brands A shares gained 1.72% in pre-market trade following 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, September 22, 2022, who reported EPS of $4.2 on revenue of $72.09B, compared to forecasts EPS of $4.17 on revenue of $70.8B.
General Mills had beat expectations on Wednesday, September 21, 2022 with first quarter EPS of $1.11 on revenue of $4.7B, compared to forecast for EPS of $1 on revenue of $4.72B.
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