💨 Abstract

Molson Coors Brewing Co. reported a first-quarter profit of $121 million, or 59 cents per share, and adjusted earnings of 50 cents per share. However, both earnings (80 cents per share expected) and revenue ($2.69 billion reported vs. $2.44 billion expected) fell short of analysts' forecasts. Adjusted revenue was $2.3 billion.

Courtesy: wtop.com

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