Earnings Reports on Deck for Thursday Morning: STZ, OCN, WBA

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Constellation Brands Inc. (NYSE:STZ), Ocwen Financial Corp. (NYSE:OCN) and Walgreens Boots Alliance, Inc. (NASDAQ:WBA) are all posting quarterly earnings reports Thursday morning. Here’s what analysts expects from these results.

EarningsConstellation Brands Inc. (STZ): Wall Street projects that first-quarter earnings-per-share of $0.94 for STZ stock. This marks a 16.05% increase over the year-ago period’s $0.81 EPS. Revenue is expected to be $1.36 billion, a 5.1% increase over the year-ago’s $1.29 billion. STZ shares are up 4.6% over the last week.

Ocwen Financial Corp. (OCN): Analysts predict first-quarter EPS of $0.35 for OCN stock, a 52% decline compared to the year-ago quarter’s $0.74. Revenue is projected to be $498.4 million, 10.4% lower than the year-ago period’s $555.96 million. OCN stock is up 12.55% over the last week.

Walgreens Boots Alliance, Inc. (WBA): WBA stock’s first-quarter EPS is expected to be about $0.95, 4.4% higher than to the year-ago quarter’s $0.91. Revenue for the quarter is estimated to be $27.88 billion, a 42.2% sales growth compared to the year ago period’s $19.6 billion. WBA stock is up 2.59% over the alst week.

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Article printed from InvestorPlace Media, https://investorplace.com/2015/04/earnings-stz-ocn-wba/.

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