Molson Coors: Q3 Earnings Snapshot

GOLDEN, Colo. (AP) — GOLDEN, Colo. (AP) — Molson Coors Brewing Co. (TAP) on Thursday reported third-quarter earnings of $430.7 million.
On a per-share basis, the Golden, Colorado-based company said it had profit of $1.98. Earnings, adjusted for non-recurring gains, were $1.92 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share.
The beer maker posted revenue of $3.91 billion in the period. Its adjusted revenue was $3.3 billion, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $3.24 billion.
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