Molson Coors Beverage Q3 Adj EPS $1.92 Beats $1.54 Estimate, Sales $3.30B Beat $3.24B Estimate
Portfolio Pulse from Benzinga Newsdesk
Molson Coors Beverage (NYSE:TAP) reported Q3 adjusted earnings of $1.92 per share, beating the analyst consensus estimate of $1.54 by 24.68%. This is a 45.45% increase from the same period last year. The company also reported quarterly sales of $3.30 billion, beating the analyst consensus estimate of $3.24 billion by 1.79%, a 12.37% increase from the same period last year.
November 02, 2023 | 11:03 am
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Molson Coors Beverage's Q3 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Molson Coors Beverage's Q3 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price in the short term.
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