Stock Market Alert - (NYSE:TAP) Beat Estimates, Shares Up

Subscribe to FREE Stock Market News Alerts by visiting: http://www.PennyStockPickReport.com

Molson Coors Brewing Company (NYSE:TAP) jumped up 3% to $51 after said Wednesday that third-quarter earnings were $235.3 million, or $1.26 a share, compared to $171.3 million, or 92 cents a share, in the year-ago period. On an adjusted basis, the brewer earned $1.14 a share compared to 93 cents. Analysts polled by FactSet Research expected, on average, earnings of 94 cents a share.

Molson Coors Brewing Company (MCBC) is a holding company. The Company’s operating subsidiaries include Molson Canada (Molson), operating in Canada; Coors Brewing Company (CBC), operating in the United States prior to the formation of MillerCoors LLC (MillerCoors); Coors Brewers Limited (CBL), operating in the United Kingdom and Ireland, and other corporate entities.

ABOUT PennyStockPickReport.com

Penny Stock Pick Report alerts investors on Top Stocks that would help investors to generate higher than average returns. These include various types of stocks with huge volume, penny stocks that are moving to the upside quickly, penny stocks with buy signals and companies with news. Our regular Stock Alerts, Penny Stock Trading Alerts helps investors to achieve incredible results in a short amount of time and our members have made remarkable profits of over 100%.