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What to Expect When Constellation Brands (STZ) Reports Earnings Wednesday

2015-06-30 22:49:00| Beverages - Topix.net

The company is expected to earn $1.23 per share on revenue of $1.62 billion for the quarter ended in May. In the same quarter of last year, Constellation Brands earned $1.07 per share on sales of $1.53 billion. TheStreet's Jim Cramer , Portfolio Manager of the Action Alerts PLUS Charitable Trust Portfolio says he's watching numbers from the seller of Corona and Modelo, its two fastest growing brands in the U.S. Domestically, Constellation Brands operates 19 wineries using varieties of grapes grown in the Napa, Sonoma, Monterey and San Joaquin regions of California.

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