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Molson Coors Brewing Co.

12:09 PM EST - Molson Coors Brewing Co. : posted better-than-expected quarterly profit on Tuesday as cost-cutting yielded benefits and sales volume grew. The brewer of beers including Molson Canadian and Coors Light said income from continuing operations was $25.1 million, or 28 cents per share excluding restructuring charges, compared with a loss of $400,000, or 1 cent a share, in the year-earlier quarter. This compared with analysts' average estimate of 24 cents a share, according to Reuters Estimates. Molson Coors Brewing Co. shares T.TAP.B are trading up $3.68 at $109.08.