Molson Coors Reports Q4 EPS of $0.66 vs0. $.69

Molson Coors Brewing Company TAP today reported 49.0 percent lower income from continuing operations, and 35.0 percent lower underlying after-tax income for the fourth quarter 2010, due to an unusually low tax rate a year ago. Without the tax rate impact, underlying pretax income increased 8.1 percent for the fourth quarter, driven by positive pricing, substantial cost reductions, and continued investments in brands and innovation. Non-Gaap Q4 EPS of $.66