TAP braces for Q2 declines as beer volume loss, macro headwinds, and contract brewing exits weigh on the top and bottom lines despite brand investments.
Molson Coors (TAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TAP leans into premium brands like Peroni and Madri to lift margins. Yet, volume declines remain a hurdle.
Molson Coors Beverage Co (NYSE:TAP) has been downgraded by Bank of America analysts, who also lowered their price target on the beer maker, citing a depending slump in the US beer industry and continued market share erosion. They lowered their rating to ‘Neutral' from ‘Buy' and slashed their price target to $50 from $65.
When BofA analysts upgraded brewer Molson Coors Beverage Co. in December, they hoped declines in U.S. beer demand this year would eventually level off and align with historical trends, they explained in a research note on Friday. The reasoning, they said, was that firmer sales would lead to better margins and justify a bigger stock price.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Molson Coors Brewing (TAP) have what it takes?
TAP posts dismal results in first-quarter 2025. Financial volumes fell 14.3% year over year, mainly led by lower shipments.
Molson Coors Beverage Company (TAP) shares sank Thursday after the beermaker slashed its outlook and planned to reduce spending on concerns economic conditions will lead consumers to spend less.
The headline numbers for Molson Coors (TAP) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Molson Coors reports adjusted first-quarter earnings of 50 cents a share, below Wall Street consensus of 78 cents.
Molson Coors Beverage Co (NYSE:TAP) lowered its full-year sales and profit outlook on Thursday after disappointing first-quarter results, citing weaker consumer demand, inflation, and trade concerns. Shares of the Coors Light and Miller Lite maker fell more than 8% on Thursday morning after the company said it now expects 2025 underlying diluted earnings per share to grow in the low single digits, down from its earlier forecast of high single-digit growth.
Molson Coors Brewing (TAP) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.95 per share a year ago.