What Constellation Brands' Q3 Earnings Mean for Mutual Funds Investors (STZ)
Shauna O'Brien Jan 08, 2015
Inside STZ’s Q3 Results
The company reported earnings of $222.2 million, or $1.10 per share, up from $211 million, or $1.07 per share, a year ago. Excluding special items, earnings were $248 million, or $1.23 per share. On average, analysts expected to see adjusted EPS of $1.14.
Sales rose 7% to $1.54 billion from $1.44 billion a year ago. Analysts expected to see revenue of $1.52 billion.
Looking forward to FY2015, the company expects to see earnings between $3.90 and $4.00 per share and comparable earnings between $4.25 and $4.35 per share. Analysts expect to see $4.24 per share in earnings.
Expensive Shares, but Little Competition
Mutual Funds to Watch
|VMCIX||Vanguard Mid Cap||1.46%|
|VTSMX||Vanguard Total Stock Market Index||1.39%|
|VFINX||Vanguard 500 Index||1.02%|
The Bottom Line
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