Molson Coors Brewing B reported third quarter results that exceeded analysts’ expectations on Thursday and sales that came in below expectations.
The company posted earnings per share of $1.75 on sales of $2.82B. Analysts polled by Investing.com were expecting EPS of $1.54 on sales of $2.91B.
Molson Coors Brewing B shares gained 1.38% to $44.22 in pre-opening trading after the release.
Year-to-date, Molson Coors Brewing B shares are up 34%, outperforming the S&P 500 which is up 21% year-to-date.
Molson Coors Brewing B follows other Consumer/Non-Cyclical companies that reported results this month.
Source: Investing.com
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