Molson Coors Beverage Company (TAP) is currently priced at $50.56, experiencing a minimal decrease of 4 cents (-0.079%) from the previous close of $50.6. Trading volume stands at $1 million, representing a 45% deviation from the average.
In the latest quarterly earnings report released on May 6th, 2024, TAP showed a price change of -$6.71 (11.72%) with a consensus estimate EPS of 0.7. The company reported revenue of $2.60 billion, generating a gross profit of $963.5 million.
TAP offers a forward dividend yield of 3.48%, distributing 44 cents per share MRQ and 7.8947 cents YoY, with a TTM dividend per share of $1.7.
The company's free cash flow stands at -$189.3 million, with net change in cash at -$410.5 million. Operating cash flow is reported at $25.4 million.
Molson Coors Beverage Company reported a net income of $207.8 million, translating to an EPS of 98 cents. The company's EBITDA stands at $471.6 million, with an operating income of $314.3 million.
Key ratios for TAP include a net profit margin of 8%, return on equity of 1.58, and a price to earnings ratio of 17.23.
The balance sheet shows total assets of $26 billion, total liabilities of $12.71 billion, and net debt of $5.76 billion.
This real-time financial report provides insights into the current performance and financial health of Molson Coors Beverage Company (TAP).
Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, Middle East, Africa, and Asia Pacific. It offers flavored malt beverages, craft, and ready to drink beverages. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.