Benzinga | Jul 30, 2020 07:17AM EDT

Molson Coors Brewing Q2 Adj. EPS $1.55 Beats $0.70 Estimate, Sales $2.50B Beat $2.45B Estimate

Molson Coors Brewing (NYSE:TAP) reported quarterly earnings of $1.55 per share which beat the analyst consensus estimate of $0.70 by 121.43 percent. This is a 1.97 percent increase over earnings of $1.52 per share from the same period last year. The company reported quarterly sales of $2.50 billion which beat the analyst consensus estimate of $2.45 billion by 2.16 percent. This is a 15.09 percent decrease over sales of $2.95 billion the same period last year.