Molson Coors reports Q3 adjusted EPS $1.67, consensus $1.70

Reports Q3 revenue $2.97B, consensus $3.01B. Rahul Goyal, President and Chief Executive Officer Statement: “Our third quarter performance was largely aligned with our expectations for the second half of the year for the industry and our share performance in the U.S. We continue to believe that the incremental softness in the industry this year is cyclical. And we believe we are well positioned with a healthy balance sheet, strong free cash flow, and great brands that serve a wide range of consumer occasions and preferences to help us navigate these near-term macroeconomic headwinds while investing in our business to support long-term growth.”