Molson Coors Brewing Co. (TAP) on Tuesday reported fourth-quarter earnings of $94.1 million.
On a per-share basis, the Denver-based company said it had net income of 50 cents. Earnings, adjusted for one-time gains and costs, came to 55 cents per share.
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The results missed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share.
The beer maker posted revenue of $973.8 million in the period.
For the year, the company reported profit of $514 million, or $2.76 per share. Revenue was reported as $4.15 billion.
Molson Coors shares have climbed slightly more than 2 percent since the beginning of the year, while the Standard & Poor's 500 index has dropped almost 1 percent. The stock has climbed 46 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TAP at http://www.zacks.com/ap/TAP
Keywords: Molson Coors Brewing, Earnings Report