Molson Coors Q2 adjusted EPS beat estimates

Molson Coors Beverage

06/08/2026 11:45

Overview
US beverage maker's Q2 sales slightly beat analyst expectations, down 3.3% yr/yr
Adjusted EPS for Q2 beat analyst expectations but fell 22.9% yr/yr
Company cites lower volumes and cost inflation as reasons for weaker results

Outlook
Molson Coors expects 2026 net sales to be flat, plus or minus 1%, versus 2025 in constant currency
Company sees 2026 underlying EPS declining 11% to 15% versus 2025
Company expects commodity and logistics costs to remain elevated, with Midwest Premium impact over $130 mln for 2026

Result Drivers
LOWER VOLUMES - Co said net sales fell due to lower financial and brand volumes, especially in Americas segment
COST INFLATION - Co attributed margin pressure to cost inflation for materials, logistics, manufacturing, and Midwest Premium pricing
PRICE AND SALES MIX - Co said increased net pricing and premiumization partly offset volume declines

Company press release: ID:nBw8skSFja

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Slight Beat*
$3.10 bln
$3.08 bln (14 Analysts)
Q2 Adjusted EPS
Beat
$1.58
$1.51 (15 Analysts)
Q2 EPS
 
$1.23
 
Q2 Net Income
 
$231.70 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
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 5.1% above its August 5 closing price of $41.87
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Reuters Recommended Reads
Aug 5 - Heineken's profit beats forecast after 3,000 job cuts
Aug 6 - UK's Diageo FY sales fall 3%, miss analyst estimates
Aug 4 - India's United Breweries posts lower quarterly profit as rising costs offset higher sales

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)