VICTOR, N.Y. (AP) _ Constellation Brands Inc. (STZ) on Wednesday reported fiscal third-quarter earnings of $360.4 million.

On a per-share basis, the Victor, New York-based company said it had net income of $1.85. Earnings, adjusted for non-recurring costs, came to $2.14 per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.84 per share.

The wine, liquor and beer company posted revenue of $2.18 billion in the period. Its adjusted revenue was $2 billion, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $1.95 billion.

Constellation Brands expects full-year earnings in the range of $9.45 to $9.55 per share.

Constellation Brands shares have fallen 3% since the beginning of the year, while the Standard & Poor's 500 index has risen 29%. The stock has climbed 8% in the last 12 months.

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

Automated Insights, source Associated Press News