international
Read Original Source (Investing)

Molson Coors faces earnings test as profit pressure mounts

Molson Coors faces earnings test as profit pressure mounts

Molson Coors Brewing Co. reports second-quarter earnings Thursday before the market open, with analysts bracing for a sharp profit decline even as the brewer attempts to pivot toward higher-margin beverages. Wall Street expects earnings of $1.52 per share on revenue of $3.09 billion.

Molson Coors Brewing Co. reports second-quarter earnings Thursday before the market open, with analysts bracing for a sharp profit decline even as the brewer attempts to pivot toward higher-margin beverages. Wall Street expects earnings of $1.52 per share on revenue of $3.09 billion.