Molson Coors Beverage Co reports results for the quarter ended June 30 - Earnings Summary
Molson Coors Beverage Co reports results for the quarter ended June 30 - Earnings Summary
Molson Coors Beverage Co TAP.N reported quarterly adjusted earnings of $1.58 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.05. The mean expectation of seventeen analysts for the quarter was for earnings of $1.51 per share. Wall Street expected results to range from $1.35 to $1.62 per share.
Revenue fell 3.3% to $3.10 billion from a year ago; analysts expected $3.08 billion.
Molson Coors Beverage Co's reported EPS for the quarter was $1.23.
The company reported quarterly net income of $231.7 million.
Molson Coors Beverage Co shares had risen by 7.5% this quarter and lost 10.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.7% in the last three months.
In the last 30 days, eight analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 11 "hold" and 5 "sell" or "strong sell." The average consensus recommendation for the brewers peer group is "buy."
Wall Street's median 12-month price target for Molson Coors Beverage Co is $44.00, about 4.8% above its last closing price of $41.87
This summary was machine generated from LSEG data August 6 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.51 | 1.58 | Beat |
Mar. 31 2026 | 0.37 | 0.62 | Beat |
Dec. 31 2025 | 1.16 | 1.21 | Beat |
Sep. 30 2025 | 1.70 | 1.67 | Missed |
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