3 Takeaways From Constellation Brands' Earnings Report
Investors had high expectations heading into Constellation Brands' (NYSE: STZ) (NYSE: STZ-B) fiscal second-quarter earnings report in early October -- and the alcoholic beverage giant didn't disappoint.
Sales ticked up by 3% while operating income soared 14%. Market share gains, meanwhile, helped convince management to boost its fiscal year outlook for the second straight time in 2017.
Below, we'll look beyond those headline results for the key investor takeaways in Constellation Brands' earnings report.
Source: Fool.com
Constellation Brands Inc. Aktie
Klare Kaufempfehlung: Constellation Brands Inc. erhält nur Buy-Einschätzungen.
Ein Kursziel von 283 € für Constellation Brands Inc. würde eine Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 217.7 € bedeuten.