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Earnings Watch For June 29 (STZ, KBH, FINL)

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6/29/2012 5:09 AM ET

Wine and spirits maker Constellation Brands Inc. (STZ: Quote) is expected to report results for the first quarter before the market opens today. The company is expected to earn $0.39 per share, flat with last year, on revenues of $646.64 million. The shares closed Thursday at $21.76. (The stock up about 14% in Q1; MA(50)- $20.09; MA(100)- $21.20; 52-wk H/L $24.87/$16.42)

Prior to opening of the market, KB Home (KBH: Quote) is due to post second-quarter results. The home builder is expected to report a loss of $0.34 per share versus loss of $0.89 per share last year, with revenues estimated at $301.30 million. Shares of KBH closed Thursday's trade at $8.70. (The stock surged around 33% in Q2; MA(50)- $7.86; MA(100)- $9.23; 52-wk H/L $13.12/$5.02)

Shoes and apparel retailer Finish Line Inc. (FINL: Quote) is scheduled to report first-quarter results before the market opens today. The company is expected to report earnings of $0.23 per share, a decline from $0.30 per share earned a year ago. Also, the company is anticipated to generate revenues of $320.68 million compared to $299.47 million in the prior-year quarter. The company's shares closed Thursday's session at $18.68. (The stock gained nearly 10% in Q1; MA(50)- $20.78; MA(100)- $21.97; 52-wk H/L $26.16/$16.42)

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by RTT Staff Writer

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