Comment on Constellation Brands 2Q results miss Street's view

Constellation Brands 2Q results miss Street's view

VICTOR, N.Y. (AP) — Constellation Brands' fiscal second-quarter earnings tumbled from a year ago when its results included a large gain related to Crown Imports. Constellation Brands Inc. announced in June 2012 that it was buying the remaining 50 percent stake in Crown Imports LLC that it didn't already own from AB InBev for $1.85 billion. The company still expects fiscal 2015 adjusted earnings in a range of $4.10 to $4.25 per share.

 

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