Molson Coors beats Q1 expectations as pricing offsets volume declines
cocktail ©mariobonifacio Molson Coors Beverage Company (NYSE:TAP) reported first-quarter results on Thursday that came in ahead of analyst forecasts, sending shares up more than 6% in premarket trading. Adjusted earnings per share totaled $0.62, well above the consensus estimate of $0.38 by $0.24. Revenue reached $2.35 billion, slightly exceeding the $2.34 billion forecast and rising 2.0% from $2.30 billion in the same period last year. Volumes, however, declined during the quarter. Financial volume f ...