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Constellation Brands Inc. (STZ) Is Climbing On Q2 Results

Constellation Brands Inc. (STZ) reported second quarter adjusted EPS of $2.87 Thursday morning, which topped the consensus estimate of $2.60. The company also raised its full year 2019 comparable basis earnings per share outlook to between $9.60 and $9.75. Street expectations are for EPS of $9.34.

Constellation Brands has gapped open sharply higher this morning and is now up 10.11 at $220.87. The stock has risen to over a month and a half high.

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