Molson Coors: Fourth Quarter Earnings Overview

Molson Coors Reports Fourth-Quarter Earnings

Molson Coors Brewing Company, headquartered in Golden, Colorado, announced a net profit of $238.3 million for the fourth quarter.

The company reported earnings of $1.22 per share, with adjusted earnings—excluding special items—at $1.21 per share.

These figures surpassed analysts’ expectations, as a consensus of seven analysts polled by Zacks Investment Research had projected earnings of $1.17 per share.

During the quarter, Molson Coors generated $3.13 billion in revenue. However, after adjustments, revenue stood at $2.66 billion, which was below the $2.72 billion anticipated by five analysts surveyed by Zacks.