News Headline Summary

Constellation Brands (STZ) Sands says Co. expects good growth in 2013

Says:
- Alcohol sales were robust.
- There's no issue with beer margins.
- Economy doesn't have big impact on its business.

Reaction details (20:38)

- Co. shares are unmoved in reaction to the news; trades USD 35.79 (-0.75%) last.

Analysis details (20:39)

- STZ reported their earnings pre-market with Q3 Adj. EPS USD 0.63 vs. Exp. USD 0.55.

09 Jan 2013 - 20:36 - Equities - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: