trending Market Intelligence /marketintelligence/en/news-insights/trending/Bn_dNU4691Ihd8f-HpdQOg2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Constellation Brands fiscal Q3 profit climbs 14.0% YOY

PODCAST

Episode 11: AI/ML maturity and pandemic effects‬

A room with a view: a non-tech explanation of containers and Kubernetes

Private equity TMT activity making comeback in Europe

Blog

LCD Monthly: Assessing the US loan market one year after the COVID-19 crash


Constellation Brands fiscal Q3 profit climbs 14.0% YOY

Constellation Brands Inc. said its normalized net income for the fiscal third quarter ended Nov. 30, 2016, was $1.48 per share, compared with the S&P Capital IQ consensus estimate of $1.72 per share.

EPS climbed 13.3% year over year from $1.31.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $304.1 million, a gain of 14.0% from $266.7 million in the year-earlier period.

The normalized profit margin increased to 16.8% from 16.3% in the year-earlier period.

Total revenue rose 10.4% year over year to $1.81 billion from $1.64 billion, and total operating expenses rose 9.3% from the prior-year period to $1.27 billion from $1.16 billion.

Reported net income rose 49.9% year over year to $406.8 million, or $1.98 per share, from $271.4 million, or $1.33 per share.