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Rally time for Constellations Brands after strong results

Oct. 05, 2016 9:09 AM ETConstellation Brands, Inc. (STZ) StockSTZBy: Clark Schultz, SA News Editor2 Comments
  • Constellation Brands (NYSE:STZ) is solidly higher in early trading after posting Q3 results above expectations.
  • The quarter included a gain in market share and improved margins. The acquisition of Ballast Point had a notable impact.
  • The company expects full-year EPS of $6.30 to $6.45, above a prior outlook for $6.05 to $6.35.
  • Previously: Constellation Brands beats by $0.11, beats on revenue (Oct. 5)
  • STZ +3.11% premarket to $171.00.

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