Molson Coors Beverage (NYSE:TAP.A – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $1.21 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $2.66 billion for the quarter.
Molson Coors Beverage Stock Down 6.6%
TAP.A opened at $49.53 on Friday. The company has a fifty day moving average price of $49.87 and a two-hundred day moving average price of $49.49. Molson Coors Beverage has a 1-year low of $41.10 and a 1-year high of $65.82.
About Molson Coors Beverage
Molson Coors Beverage Company is a leading global brewer and beverage company with a diverse portfolio of beer, malt beverages and nonalcoholic offerings. Headquartered in Chicago, Illinois, with regional offices in Golden, Colorado and Toronto, Ontario, the company develops, manufactures and sells a wide range of brands to consumers in North America, Europe and select international markets.
The company traces its roots to the 2005 merger of Molson, Canada’s oldest brewery founded in 1786, and Coors, founded in 1873 in Golden, Colorado.
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