Constellation Brands (NYSE:STZ) is slated to report fiscal third-quarter earnings on Friday before the market opens, and investors will be watching for both earnings and revenue growth.
The alcoholic beverage company is expected to post earnings per share of $3.04 on revenue of $2.55 billion, good for year-over-year growth of 7.4% and 4.7%, respectively.
In terms of segments, net wine and spirits sales are expected to climb 1.3% to $551.54 million with beer sales growing 5.8% to $2 billion.
Constellation Brands (NYSE:STZ) produces beverages that include Corona Extra, Modelo Especial, and Robert Mondavi wines.
A quarter ago, the company posted an earnings surprise of 9.5%.
Shares of Constellation Brands traded 1% higher Tuesday afternoon at $244.24.