New York-based Constellation Brands, Inc. (STZ) is a leading producer and marketer of beer, wine, and spirits with a market cap of $47.3 billion. The company boasts a strong portfolio of premium brands, including Corona, Modelo, Robert Mondavi, and SVEDKA Vodka, serving markets in the U.S., Canada, Mexico, and beyond. The company is expected to announce its fiscal Q2 earnings results before the market opens on Thursday, Oct. 3.
Ahead of the event, analysts expect the alcohol company to report a profit of $4.11 per share, up 11.1% from $3.70 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the past four quarters. In Q1, the company reported an EPS of $3.57, beating the consensus estimates by almost 3.2%.
