Wednesday, January 08, 2014

Constellation Brands - Very Good Numbers

A very nice quarter reported by Constellation Brands (Ticker: STZ) this morning. The company reported earnings per share of $1.10 and revenues of $1.44 billion, which easily beat the consensus estimates. I was particularly pleased to see the free cash flow estimates of $525 to $575 million for 2014. This stock should see a nice pop based of these results. I still like this stock and have no intentions of selling anytime soon. This holding currently makes up ~ 20% of my portfolio.


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