Constellation Brands Inc.

(NYSE:STZ) reported fiscal first-quarter results that topped Wall Street estimates after Tuesday's market close and affirmed its full-year earnings outlook.

The Corona parent posted adjusted earnings of $3.43 per share, exceeding the consensus estimate of $3.21.

Revenue rose to $2.43 billion, above analysts' expectations of $2.39 billion.

Constellation reaffirmed its fiscal-year adjusted EPS guidance of $11.20 to $11.90, compared with the consensus estimate of $11.75.