Molson Coors Brewing Co. reported higher fourth-quarter profit Thursday, with the U.S. and Europe helping to make up for frosty Canadian results. The Denver- and Montreal-based brewer (NYSE: TAP) saw profit in the most recent quarter climb to $131.5 million, or 71 cents a share, from $60 million, or 33 cents a share, in the same quarter a year earlier. Excluding one-time items, adjusted earnings were 68 cents a share, off the year-ago level of 69 cents. Analysts on average were expecting adjusted…
Reported by bizjournals 9 hours ago.
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