Constellation Brands Set Nearly Nine-Month High Thursday

Constellation Brands Inc. (STZ) reported second quarter EPS of $0.54 Thursday morning, which beat the consensus estimate of $0.41. The company expects to report full year 2010 EPS of $1.60 to $1.70, compared to the consensus estimate of $1.63.

Constellation Brands Inc. gapped open higher Thursday and climbed further around 1:30PM. Shares finished up by $0.82 at $15.97 on the highest volume of the year. The stock rose above a 2-week range and set nearly a 9-month high.

by RTTNews Staff Writer

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