Molson Coors Beverage (NYSE:TAP.A) Releases Quarterly Earnings Results
by Teresa Graham · The Cerbat GemMolson Coors Beverage (NYSE:TAP.A – Get Free Report) announced its quarterly earnings data on Thursday. The company reported $1.58 earnings per share for the quarter, Zacks reports. The company had revenue of $3.10 billion for the quarter.
Molson Coors Beverage Trading Up 4.8%
NYSE:TAP.A traded up $2.02 during trading hours on Friday, reaching $43.77. 504 shares of the stock were exchanged, compared to its average volume of 474. The firm has a 50 day simple moving average of $42.85 and a 200-day simple moving average of $46.19. Molson Coors Beverage has a 52 week low of $39.51 and a 52 week high of $55.92.
Molson Coors Beverage Company Profile
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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