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Molson Coors beats on revenue, misses on profit

Molson Coors Beverage Co. reported fourth quarter net income of $80.0 million, or 37 cents per share, after a loss of $1.37 billion, or $6.32 per share, last year. Adjusted EPS of 81 cents missed the FactSet consensus for 86 cents. Sales of $3.194 billion were up from $2.778 billion and well ahead of the FactSet consensus for $2.547 billion. Revenue grew at Coors Light and Miller Lite, two of the company’s biggest brands. “This year, we grew the top-line for the first time in a decade,” said Chi

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