Molson Coors Beverage Company Reports 2024 First Quarter Results [Yahoo! Finance]
Molson Coors Beverage Company Class B (TAP)
Last molson coors beverage company class b earnings: 4/30 07:00 am
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US:NYSE Investor Relations:
ir.molsoncoors.com/overview/default.aspx
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Source: Yahoo! Finance
First Quarter Income Before Income Taxes Increases 160.5%, while Underlying Income Before Income Taxes Increases 68.8% on a Constant Currency Basis Reaffirms 2024 Full Year Guidance for Top-Line and Bottom-Line Growth GOLDEN, Colo. & MONTREAL, April 30, 2024 BUSINESS WIRE )--Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE: TAP, TAP.A; TSX: TPX.A, TPX.B) today reported results for the 2024 first quarter. 2024 FIRST QUARTER FINANCIAL HIGHLIGHTS Net sales increased 10.7% reported and 10.1% in constant currency. U.S. GAAP income before income taxes of $265.4 million increased 160.5% reported. Underlying (Non-GAAP) income before income taxes of $258.8 million improved 68.8% in constant currency. U.S. GAAP net income attributable to MCBC of $207.8 million, $0.97 per share on a diluted basis. Underlying (Non-GAAP) diluted earnings per share ("EPS") of $0.95 per share increased 75.9%. ________________ See Appendix for definitions and reconcilia
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