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3 Takeaways From Constellation Brands' Earnings Report


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.

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Source: Fool.com

Constellation Brands Inc. Stock

€226.70
-0.400%
The price for the Constellation Brands Inc. stock decreased slightly today. Compared to yesterday there is a change of -€0.900 (-0.400%).
With 35 Buy predictions and not a single Sell prediction Constellation Brands Inc. is an absolute favorite of our community.
With a target price of 283 € there is a positive potential of 24.83% for Constellation Brands Inc. compared to the current price of 226.7 €.
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