15 October, 2003

US company, Constellation Brands Inc., a distributor of Corona beer, said on October 14 maintained its earnings forecast for the third quarter and the full year, keeping its targets in line with Wall Street's expectations, according to Reuters. Fairport, New York-based Constellation told analysts and investors at a company meeting that it still expects to earn 76 cents to 80 cents per share in the third quarter and $2.44 to $2.51 per share this year. Analysts, on average, expect the company to earn 79 cents per share in the third quarter and $2.48 per share for the full year, according to Reuters Research.

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