Here's What to Expect From Molson Coors Beverage's Next Earnings Report
Here's What to Expect From Molson Coors Beverage's Next Earnings Report.
The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Golden, Colorado-based Molson Coors Beverage Company (TAP) manufactures, markets, and sells beer and other malt beverage products under various brands. Valued at $7.5 billion by market cap, TAP produces many beloved and iconic beer brands including Coors Light, Miller Lite, Madri, Staropramen, Miller High Life and Keystone, and more. The brewing giant is expected to announce its fiscal second-quarter earnings for 2026 before the market opens on Thursday, Aug. 6.
Ahead of the event, analysts expect TAP to report a profit of $1.52 per share on a diluted basis, down 25.9% from $2.05 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
Elon Musk Dubs Him 'Scam Altman' Not Sam — Then Altman Clapped Back: 'Homeboy You're The One Selling Space Datacenters'
Oracle Stock Crashes to a 52-Week Low. Here's Why It Might Be Time to Buy.
Short Seller Hunterbrook Attacked Bloom Energy's Supply-Chain Claims. BE Stock Is Bruised, But Not Broken.
For the full year, analysts expect TAP to report EPS of $4.80, down 11.4% from $5.42 in fiscal 2025. However, its EPS is expected to rise 4.2% year over year to $5 in fiscal 2027.
TAP stock has notably underperformed the S&P 500 Index's ($SPX) 20.3% gains over the past 52 weeks, with shares down 21.5% during this period. Similarly, it underperformed the State Street Consumer Staples Select Sector SPDR ETF's (XLP) 3.1% returns over the same time frame.
On Apr. 30, TAP shares closed up marginally after reporting its Q1 results. Its adjusted EPS of $0.62 beat Wall Street expectations of $0.36. The company's revenue was $2.4 billion, surpassing Wall Street forecasts of $2.3 billion.
Analysts' consensus opinion on TAP stock is cautious, with a "Hold" rating overall. Out of 20 analysts covering the stock, four advise a "Strong Buy" rating, one suggests a "Moderate Buy," 12 give a "Hold," one advocates a "Moderate Sell," and two recommend a "Strong Sell." TAP's average analyst price target is $45.38, indicating a potential upside of 16.8% from the current levels.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
Sinergia Empresarial continuará el seguimiento de esta información sobre here's What to Expect From Molson Coors Beverage's Next Earnings Report y ampliará la cobertura conforme se confirmen nuevos elementos relevantes para el ecosistema empresarial.
