Global brewer Molson Coors Brewing Company TAP reported third-quarter 2017 results, wherein both top and bottom lines fell year over year and the former also lagged the Zacks Consensus Estimate. However, earnings came in line with the consensus mark, faring better than its three-quarter long trend of posting negative surprise.
Molson Coors Brewing Company Price, Consensus and EPS Surprise
Molson Coors Brewing Company Price, Consensus and EPS Surprise | Molson Coors Brewing Company Quote
While the stock hasn't moved much in the pre-market trading hours, Molson Coors' shares have plunged 15.9% so far this year, as against the industry's growth of 25.1%.
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