Categories AlphaGraphs, Earnings, Retail

Molson Coors Brewing (NYSE: TAP): Q4 2019 Earnings Snapshot

Molson Coors Brewing (NYSE: TAP) reported non-GAAP earnings of $1.02 per share for the fourth quarter of 2019 vs. $0.78 per share expected.

Sales increased 2.8% on a reported basis and 3% on constant currency to $2.45 billion vs. $2.48 billion expected.

Molson Coors Brewing (TAP) Q4 2019 earnings infograph

GAAP net income was $163.7 million or $0.75 per share vs. $76 million or $0.35 per share in the prior-year quarter.

For fiscal 2020, Molsor expects sales to be flat to low-single digit decrease on a constant currency basis; expects capital spending to be about $700 million, plus or minus 10%.

TAP shares rose about 5% in the pre-market trading hours.

We’re on Flipboard! Follow us to receive the latest stock market, earnings, and financial news at your fingertips

Most Popular

Charles Schwab Corp. (SCHW) Q3 earnings beat estimates amid 87% revenue growth

Financial services company The Charles Schwab Corporation (NYSE: SCHW) on Friday reported strong revenue and earnings growth for the third quarter. The numbers also beat Wall Street's forecast. Third-quarter revenues

GS Earnings: All you need to know about Goldman Sachs’ Q3 2021 earnings results

The Goldman Sachs Group, Inc. (NYSE: GS) reported third quarter 2021 earnings results today. Revenues increased 26% year-over-year to $13.61 billion. Net earnings applicable to common shareholders increased 63% YoY

PNC Financial Services (PNC) Q3 Earnings: Key financials and quarterly highlights

The PNC Financial Services Group, Inc. (NYSE: PNC) reported third-quarter 2021 earnings results today. Revenues were up 21% year-over-year to $5.1 billion compared to the previous year.  Net income attributable

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top