Constellation Brands (STZ) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Constellation Brands reported Q2 revenue of $2.63 billion, up 6.1% year-over-year and beating consensus estimates by 2.46%. EPS of $3.74 exceeded the $3.62 estimate by 3.32%. Wine and Spirits sales surged 17.2% while Beer sales grew 5.5%. However, the stock has declined 11.6% over the past month and carries a Zacks Rank #3 (Hold) rating.