Molson Coors Brewing Company (TAP) CEO Mark Hunter on Q1 2019 Results - Earnings Call Transcript

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Q1: 2019-05-01 Earnings Summary

EPS of $0.52 misses by $0.06
 | Revenue of $2.30B (-1.21% Y/Y) misses by $23.08M

Molson Coors Brewing Company (NYSE:TAP) Q1 2019 Earnings Conference Call May 1, 2019 11:00 AM ET

Company Participants

Mark Swartzberg - Global VP of IR
Mark Hunter - President and CEO
Tracey Joubert - CFO
Gavin Hattersley - CEO and President of MillerCoors
Frederic Landtmeters - President and CEO of Molson Coors Canada
Simon Cox - President and CEO of Molson Coors Europe

Conference Call Participants

Lauren Lieberman - Barclays
Bryan Spillane - Bank of America Merrill Lynch
Judy Hong - Goldman Sachs
Eric Serotta - Evercore ISI
Amit Sharma - BMO Capital Markets
Andrea Teixeira - JPMorgan
Laurent Grandet - Guggenheim
Steve Powers - Deutsche Bank
Kevin Grundy - Jefferies & Co.
Tristan van Strien - Redburn Partners
Brett Cooper - Consumer Edge Research

Operator

Good day, and welcome to the Molson Coors Brewing Company First Quarter 2019 Earnings Conference Call. Before we begin, I will paraphrase the Company's Safe Harbor language. Today's discussion includes forward-looking statements within the meaning of applicable securities laws. Important factors that could affect - cause actual results to differ materially from the expectations and projections contained therein in such statements are disclosed in the Company's filings with the SEC.

The Company does not undertake to update forward-looking statements whether as a result of new information, future events or otherwise. Regarding any non-U.S. GAAP measures that may be discussed during the call, please visit the Company's website at www.molsoncoors.com, and click on the Financial Reporting tab of the Investor Relations page for a reconciliation of these measures to actual - to the nearest U.S. GAAP results. Also, unless otherwise stated, all financial results the Company discusses today are versus the comparable prior year period in a U.S. dollars basis.

Our call will span - will open with remarks from Mark Swartzberg, VP of Investor Relations of Molson

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