Molson Coors Beverage Co reports results for the quarter ended December 31 - Earnings Summary

Molson Coors Beverage Co

13/02/2025 13:06

* Molson Coors Beverage Co  TAP.N  reported quarterly
adjusted
earnings of $1.30​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of $1.19.  The mean expectation of sixteen analysts
for the quarter was for earnings of $1.13 per share. Wall Street
expected results to range from $1.10  to $1.16 per share.
    * Revenue fell 2% to $2.74 billion from a year ago; analysts
expected $2.70 billion. 
    * Molson Coors Beverage Co's reported EPS for the quarter
was
$1.39​.
    * The company reported quarterly net income of $287.8
million.
    * Molson Coors Beverage Co shares had fallen by 6.8% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 14
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the brewers peer
group
is also "hold"

Wall Street's median 12-month price target for Molson Coors
Beverage Co is $62.75 
This summary was machine generated from LSEG data February 13 at
01:06 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
 Dec. 31 2024      1.13           1.30           Beat
 Sep. 30 2024      1.67           1.80           Beat
 Jun. 30 2024      1.68           1.92           Beat
 Mar. 31 2024      0.74           0.95           Beat