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.
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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.
