Molson Coors Reports 2020 Third Quarter Results and Provides Revitalization Plan Update
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Molson Coors Brewing (TAP) Tops Q3 EPS by 60c, Revenues Beat
October 29, 2020 7:10 AM EDTMolson Coors Brewing (NYSE: TAP) reported Q3 EPS of $1.62, $0.60 better than the analyst estimate of $1.02. Revenue for the quarter came in at $2.75 billion versus the consensus estimate of $2.65 billion.
"Weareverypleased with our performance in the third quarter, as we beat top and bottom-line expectations and made tangible progress on our revitalization plan. We had bold plans for our business at the beginning of 2020: to build on the strength of our iconic core brands, aggressively grow our above premium portfolio, expand beyond the beer aisle, invest in our capabilities and... More
