NEW YORK (MarketWatch) – Molson Coors Brewing Co. reported its fourth-quarter adjusted profit fell 0.2% to $125.8 million, or 68 cents a share, from $126.1 million, or 69 cents a share, a year earlier. Before adjustments, per-share profit rose to 71 cents from 33 cents during the same quarter a year ago. Net revenue slipped to $1.028 billion, from $1.030 billion a year earlier, the beverage company said Thursday. Analysts had expected earnings of 73 cents a share on revenue of $1.04 billion, according to FactSet. The firm also increased its quarterly dividend 16% to 37 cents a share. The beer-maker said pretax earnings increased 6.5%, but after-tax income slipped due to higher tax rates. Shares in Molson Coors were unchanged in premarket trading.
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