Molson Coors Brewing (TAP) Misses Q2 EPS by 50c

Molson Coors Brewing (NYSE: TAP) reported Q2 EPS of $1.66, $0.50 worse than the analyst estimate of $2.16. Revenue for the quarter came in at $3.09 billion versus the consensus estimate of $3.12 billion.

Volume: Worldwide brand volume of 26.4 million hectoliters increased 2.3 percent due to strong growth in Europe and International, partially as a result of adding the Miller global brands business and also from growth in some of our core brands. Global priority brand volume increased 4.6 percent. Financial volume of 28.3 million hectoliters decreased 0.4 percent, driven by lower contract brewing volume.

For earnings history and earnings-related data on Molson Coors Brewing (TAP) click here.

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