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TAP Molson Coors Beverage Co News Story

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Consumer DefensivesConservativeLarge CapNeutral

Molson Coors Beverage Q2 sales beat estimates, EPS up 6.8%

Overview

Molson Coors Q2 net sales fell 1.6% but beat analyst expectations

Adjusted EPS rose 6.8%, surpassing estimates, per LSEG data

Co lowered full-year guidance due to macroeconomic challenges

Outlook

Molson Coors expects 3%-4% decline in 2025 net sales on constant currency

Company forecasts 12%-15% decline in 2025 underlying income before taxes

Molson Coors anticipates 7%-10% decline in 2025 underlying EPS

Company maintains 2025 free cash flow guidance at $1.3 bln, plus or minus 10%

Result Drivers

MACROECONOMIC PRESSURES - Co says results impacted by macroeconomic environment and lower U.S. share performance

CONTRACT BREWING EXIT - Discontinuation of contract brewing arrangements in Americas affected financial volumes

PRICE AND MIX GROWTH - Strong price and sales mix growth partially offset volume declines

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 SalesBeat$3.20 bln$3.10 bln (13 Analysts)
Q2 Adjusted EPSBeat$2.05$1.83 (14 Analysts)
Q2 Adjusted Net IncomeBeat$412.30 mln$369.40 mln (10 Analysts)
Q2 Net Income$428.70 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 16 "hold" and 1 "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 $57.00, about 14.7% above its August 4 closing price of $48.61 The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago Press Release: ID:nBw7FZ8pXa (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.)

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