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Dylan Berman

Constellation Brands Shares Are Trading Higher Tuesday: What's Going On?

Constellation STZ

Constellation Brands

Constellation Brands, Inc. (NYSE:STZ) shares are trading higher Tuesday after the company reported better-than-expected second-quarter financial results.

What To Know: Constellation reported second-quarter adjusted earnings per share of $3.63, beating the consensus estimate of $3.38. In addition, the company reported sales of $2.48 billion for the second quarter, beating the consensus estimate of $2.45 billion, according to Benzinga Pro.

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