Molson Coors Beverage (NYSE:TAP.A – Get Free Report) announced its earnings results on Thursday. The company reported $1.46 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $2.93 billion during the quarter.
Molson Coors Beverage Price Performance
Shares of TAP.A traded up $0.55 during mid-day trading on Friday, hitting $44.80. 454 shares of the company’s stock were exchanged, compared to its average volume of 809. Molson Coors Beverage has a 52 week low of $39.51 and a 52 week high of $55.92. The company has a 50-day simple moving average of $42.43 and a 200 day simple moving average of $45.04.
Molson Coors Beverage Company Profile
Molson Coors Beverage Company is a global brewer and beverage company with roots in two historic brewing businesses: Canada’s Molson Brewery, founded in 1786, and the Coors Brewing Company, founded in Colorado in 1873. The companies combined in 2005, and the business adopted the Molson Coors Beverage Company name in 2020.
The company produces and markets a broad portfolio of beers, including Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Blue Moon and Carling. Its offerings also extend beyond traditional beer to include flavored alcoholic beverages and other beverage categories.
Molson Coors serves consumers in North America and international markets, including Europe.
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