Constellation Brands (NYSE: STZ) is expected to report Q3 earnings on Jan. 9. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Constellation Brands's revenues will grow 7.3% and EPS will increase 10.0%.

The average estimate for revenue is $751.8 million. On the bottom line, the average EPS estimate is $0.55.

Revenue details
Last quarter, Constellation Brands logged revenue of $699.0 million. GAAP reported sales were 1.2% higher than the prior-year quarter's $690.2 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.71. GAAP EPS of $0.68 for Q2 were 11% lower than the prior-year quarter's $0.76 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 41.0%, about the same as the prior-year quarter. Operating margin was 20.1%, 130 basis points worse than the prior-year quarter. Net margin was 17.8%, 580 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.75 billion. The average EPS estimate is $2.07.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 317 members out of 350 rating the stock outperform, and 33 members rating it underperform. Among 103 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 100 give Constellation Brands a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Constellation Brands is outperform, with an average price target of $32.91.

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