Constellation Brands Earnings Preview: Can This Streak Continue?

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Constellation Brands (NYSE:STZ) will report earnings before markets open on Tuesday, July 2nd. Constellation Brands, Inc. produces and markets beverage alcohol in North America, Europe, and Australia, and New Zealand. The Company has a portfolio of brands across the wine, imported beer, and distilled spirits categories. Constellation conducts its business through wholly owned subsidiaries as well as through a variety of joint ventures with various other entities.

Here is your Cheat Sheet to Constellation Brands Earnings:

Earnings Expectations: Analysts expect earnings of $0.40 per share on revenues of $674.27 million. Currently, the company’s P/E ratio stands at 24.06.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.84 to a profit $0.89. For the current year, the average estimate is a profit of $2.81, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Constellation Brands has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 3,655 3,365 3,332 2,654 2,796
Diluted EPS ($) -1.40 0.45 2.62 2.13 2.04

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter May. 31, 2012 Aug. 31, 2012 Nov. 30, 2012 Feb. 28, 2013
Revenue ($) in millions 634.80 797.70 766.90 788.00
Diluted EPS ($) 0.38 0.67 0.58 0.43

Past Performance:
Constellation Brands has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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