UPDATE: Constellation Brands Posts Upbeat Q4 Earnings

by Benzinga Staff
April 9, 2014 8:03 AM | 22 seconds read | Make a Comment

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Constellation Brands (NYSE: STZ) reported better-than-expected fiscal fourth-quarter earnings. Constellation's quarterly net income surged to $157.2 million, or $0.79 per share, from $81.7 million, or $0.43 per share, in the year-ago period. Its net sales climbed to $1.29 billion versus $696 million. However, analysts were expecting earnings of $0.76 per share on sales of $1.29 billion.Constellation expects FY15 earnings of $3.95 to $4.15 per share.Constellation shares gained 3.37% to $84.24 in pre-market trading.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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