World: Molson Coors’ third-quarter earnings miss analysts’ forecasts
Molson Coors Brewing Company revealed on November 1 earnings for third quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line came in at $216.4 million, or $0.99 per share. This compares with $453.0 million, or $2.08 per share, in last year's third quarter.
Excluding items, Molson Coors Brewing Company reported adjusted earnings of $286.8 million or $1.32 per share for the period.
Analysts on average had expected the company to earn $1.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 4.3% to $2.94 billion from $2.82 billion last year.
Regresar
E-malt.com, la fuente de información global para los profesionales de la industria cervecera y de malteado. Los boletines quincenales de E-malt.com incluyen las últimas noticias de la industria, estadísticas en gráficos y tablas, precios mundiales de cebada y malta, y otra información relevante. Haga clic aquí para obtener acceso completo a E-malt.com. Si usted es un cliente de Castle Malting, puede obtener acceso gratuito al sitio web y publicaciones de E-malt.com. Contáctenos para obtener más información en marketing@castlemalting.com.
