Molson Coors Brewing Co. (TAP) Reports Q2 Miss; Authorizes $1.2B Buyback

Molson Coors Brewing Co. (NYSE: TAP) reported Q2 EPS of $1.23, $0.07 worse than the analyst estimate of $1.30. Revenue for the quarter came in at $933.6 million versus the consensus estimate of $953.59 million.

Announced a $1.2 billion common stock buyback program.

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