UPDATE 1-Constellation Brands profit tops estimates on strong beer sales

* Fourth-quarter adj. EPS $0.81 vs est $0.76

* Sales rise 86 pct due to acquisition of Crown Imports

* Expects full-year adj. EPS $3.95-$4.15 vs est $3.95

* Shares up 4.3 pct premarket

(Adds forecast, details, shares)

April 9 (Reuters) - Constellation Brands Inc reported a better-than-expected quarterly profit, helped by strong sales of beers such as Corona and Modelo in the United States.

Shares of the company, which also gave a full-year profit forecast that largely topped analysts' estimates, rose 4.3 percent in premarket trading.

Constellation got full control of the U.S. distribution rights for beers such as Corona and Modelo when it bought out partner Grupo Modelo SAB de CV's rights in a venture following the sale of the Mexican brewer to Anheuser-Busch InBev SA last year. (http://r.reuters.com/wag85v)

The acquisition of full U.S. distribution rights in the beer joint venture, Crown Imports LLC, made Constellation the largest supplier of wine, beer and other alcoholic drinks in the country.

The company, which also produces Svedka Vodka and Robert Mondavi wine, said the acquisition also drove most of the 86 percent rise in total sales in the fourth quarter ended Feb. 28. Beer net sales rose 13 percent.

Total revenue rose to $1.29 billion in the quarter, in-line with analysts' average estimate, according to Thomson Reuters I/B/E/S.

The company's net income rose to $157 million, or 79 cents per share, from $82 million, or 43 cents per share, a year earlier.

Excluding items, it earned 81 cents per share, topping the 76 cents per share analysts on average were expecting.

The company also forecast full-year adjusted earnings of $3.95-$4.15 per share, largely above the average analyst expectation of $3.95 per share.

Constellation's shares were up 4.3 percent at $85 in trading before the bell. They have gained nearly 16 percent this year on the top of a 67.7 percent jump in 2013.

(Reporting by Siddharth Cavale and Devika Krishna Kumar in Bangalore; Editing by Savio D'Souza)