VICTOR, N.Y. (AP) _ Constellation Brands Inc. (STZ) on Thursday reported fiscal third-quarter earnings of $467.7 million.

On a per-share basis, the Victor, New York-based company said it had net income of $2.52. Earnings, adjusted for non-recurring costs and restructuring costs, came to $2.83 per share.

The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.88 per share.

The wine, liquor and beer company posted revenue of $2.62 billion in the period. Its adjusted revenue was $2.44 billion, which topped Street forecasts. Seven analysts surveyed by Zacks expected $2.39 billion.

Constellation Brands expects full-year earnings to be 15 cents to 35 cents per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STZ at https://www.zacks.com/ap/STZ

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News