Name
Cash Bids
News
Ag Commentary
Weather
Resources
|
What You Need to Know Ahead of Molson Coors' Earnings Release![]() Golden, Colorado-based Molson Coors Beverage Company (TAP) manufactures, markets, and sells beer and other malt beverage products under various brand names. With a market cap of $12.3 billion, Molson’s operations span the Americas, Europe, the Middle East, Africa, and the Indo-Pacific. The beverage maker is set to unveil its first-quarter results before the markets open on Thursday, May 8. Ahead of the event, analysts forecast TAP to report an adjusted EPS of $0.81, representing a 14.7% decline from $0.95 reported in the year-ago quarter. On a positive note, the company surpassed analysts’ bottom-line projections in each of the past four quarters by a notable margin. For the full fiscal 2025, analysts expect TAP to report an adjusted EPS of $6.36, up 6.7% from $5.96 reported in fiscal 2024. While in fiscal 2026, its earnings are expected to grow by approximately 6% year-over-year to $6.74 per share. ![]() TAP stock prices have dropped 8.1% over the past 52 weeks, significantly underperforming the Consumer Staples Select Sector SPDR Fund’s (XLP) 10.9% gains and the S&P 500 Index’s ($SPX) 6.6% returns during the same time frame. ![]() However, Molson Coors’ stock prices soared 9.5% after the release of its better-than-expected Q4 results on Feb. 13. The company observed a notable 6.4% year-over-year drop in volumes along with currency headwinds, which was partially mitigated by a 4.5% improvement in pricing and sales mix. This led to a 2% year-over-year decline in net sales to $2.7 billion, however, this figure surpassed the Street’s expectations by approximately 1%. Meanwhile, due to a favorable pricing mix, Molson’s gross margins expanded 91 bps compared to the year-ago quarter to 37.9%, and its gross profits inched up marginally to $1.04 billion. Moreover, the company’s adjusted EPS surged 9.2% year-over-year to $1.30, exceeding the consensus estimates by a notable 15%, which boosted investor confidence. The consensus view on TAP stock is moderately optimistic, with a “Moderate Buy” rating overall. Of the 21 analysts covering the stock, opinions include six “Strong Buys,” one “Moderate Buy,” and 14 “Holds.” Its mean price target of $66.23 represents an 11.3% premium to current price levels. On the date of publication, Aditya Sarawgi 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. For more information please view the Barchart Disclosure Policy here. |
|