VICTOR, N.Y. (AP) — Constellation Brands Inc. (STZ.B) on Thursday reported fiscal fourth-quarter earnings of $382.9 million.
The Victor, New York-based company said it had net income of $1.95 per share. Earnings, adjusted for non-recurring gains, were $1.82 per share.
The wine, liquor and beer company posted revenue of $2.12 billion in the period. Its adjusted revenue was $1.95 billion.
For the year, the company reported net income of $2 billion, or $10.23 per share, swinging to a profit in the period. Revenue was reported as $8.61 billion.
Constellation Brands expects full-year earnings to be $6.90 to $7.20 per share.
Constellation Brands shares have risen almost 8% since the beginning of the year. The stock has risen 71% in the last 12 months.