To reproduce:

1. Open project, attached by tester
2. Open scene, if not open
3. Press Play
4. Press X on the keyboard, which prints the material's color to the console
5. Observe color values in console

Expected: getting material's color at runtime while it is being animated should return the color that is currently shown on screen
Actual: getting material's color at runtime while it is being animated returns the default color value (1, 1, 1, 1)

Reproduced in 5.4.5p1, 5.5.0f3, 5.5.1f1, 5.5.3f1, 5.6.0p1, 2017.1.0b1

By design: when using animation with materials it does not animate the material but the material property block attached to the renderer.