Molson Coors Brewing Company Reports 11% Fall In Q4 Bottom Line

(RTTNews) - Molson Coors Brewing Company (TAP-A) reported earnings for fourth quarter that retreated from last year.

The company said its earnings declined to $90.6 million, or $0.49 per share. This was down from $102.1 million, or $0.55 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.50 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 13.3% to $844.4 million. This was down from $973.8 million last year.

Molson Coors Brewing Company earnings at a glance:

-Earnings (Q4): $90.6 Mln. vs. $102.1 Mln. last year. -Earnings Decline (Y-o-Y): -11.3% -EPS (Q4): $0.49 vs. $0.55 last year. -EPS Decline (Y-o-Y): -10.9% -Analysts Estimate: $0.50 -Revenue (Q4): $844.4 Mln vs. $973.8 Mln last year. -Revenue Change (Y-o-Y): -13.3%