Molson Coors Reports Third Quarter Results

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Molson Coors Brewing (TAP) Misses Q3 EPS by 9c

November 1, 2016 6:52 AM EDT

Molson Coors Brewing (NYSE: TAP) reported Q3 EPS of $1.03, $0.09 worse than the analyst estimate of $1.12. Net sales for the quarter came in at $947.6 million, versus $1.02 billion reported last year.

Molson Coors president and chief executive officer Mark Hunter said, In the third quarter, we continued to focus on our First Choice ambition and on building a stronger, broader and more premium brand portfolio, underpinned by incremental sales... More