Molson Coors Beverage (NYSE:TAP.A) Releases Earnings Results

Molson Coors Beverage (NYSE:TAP.A) released its earnings results on Tuesday. The company reported $1.67 earnings per share (EPS) for the quarter, Zacks reports.

Molson Coors Beverage Stock Down 2.8%

Shares of Molson Coors Beverage stock traded down $1.29 during trading on Tuesday, reaching $44.51. The company’s stock had a trading volume of 257 shares, compared to its average volume of 458. The business has a 50 day moving average price of $49.76 and a 200-day moving average price of $52.99. Molson Coors Beverage has a 12-month low of $44.06 and a 12-month high of $65.82.

Molson Coors Beverage Company Profile

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Hop Valley brands, Leinenkugel's, Miller Genuine Draft, Molson Ultra, Sharp's, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian Lager, Molson Dry, Molson Export, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands.