30.04.2024 13:19:54 - dpa-AFX: Molson Coors Brewing Company Q1 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Molson Coors Brewing Company (TAP-A) reported
earnings for its first quarter that increased from last year and beat the
Street estimates.

The company's earnings totaled $207.8 million, or $0.97 per share. This
compares with $72.5 million, or $0.33 per share, in last year's first quarter.

Excluding items, Molson Coors Brewing Company reported adjusted earnings of
$202.8 million or $0.95 per share for the period.

Analysts on average had expected the company to earn $0.74 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 10.6% to $2.60 billion from $2.35
billion last year.

Molson Coors Brewing Company earnings at a glance (GAAP) :

-Earnings (Q1): $207.8 Mln. vs. $72.5 Mln. last year.
-EPS (Q1): $0.97 vs. $0.33 last year.
-Revenue (Q1): $2.60 Bln vs. $2.35 Bln last year.


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MOLSON COORS BEV B DL0,01 A0DPTB Frankfurt 48,290 31.05.24 08:14:27 -0,800 -1,63% 48,240 48,960 48,290 49,090

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH