Constellation Brands, Inc. (NYSE:STZ) will release earnings for its first quarter after the closing bell on Tuesday, June 30.
Analysts expect the Rochester, New York-based company to report quarterly earnings of $3.25 per share, up from $3.22 per share in the year-ago period. The consensus estimate for Constellation’s quarterly revenue is $2.4 billion. It reported $2.52 billion last year, according to Benzinga Pro.
On May 21, Constellation Brands announced the election of Morgan Flatley as new independent board director.
Shares of Constellation rose 1.3% to close at $143.38 on Tuesday.
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