Molson Coors Brewing (TAP) Tops Q3 EPS by 25c, Revenues Beat

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Molson Coors Reports 2018 Third Quarter Results

October 31, 2018 7:00 AM EDT

Net Sales Increased 1.8%, Financial Volumes and Net Sales/HL Improved, Worldwide Brand Volumes Down 1.0%, U.S. GAAP Net Income and Underlying EBITDA Delivered Growth

EPS (U.S. GAAP) of $1.56 Increased 17.3%, and Underlying EPS (Non-GAAP) of $1.84 Increased 34.3%, versus prior year

Management Increases Cost Savings Guidance, Reaffirms Dividend Expectations
Remains Committed to Full-Year Free Cash Flow and Deleverage Targets

DENVER & MONTREAL--(BUSINESS WIRE)-- Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) today reported results for the 2018 third quarter.... More