Here Is Why Shares of Constellation Brands Are Rising Wednesday: TheStreet

TheStreet

Published on Oct 5, 2016

Constellation Brands shares are surging Wednesday after reporting better-than-expected quarterly results. Earnings of $1.77 a share, beat estimates of $1.65. Revenue rose 17% year-over-year to $2.02 billion. Its full-year earnings guidance also topped forecasts.