Molson Coors Q1 EPS beats estimates on higher prices

Molson Coors Beverage Co

30/04/2026 11:40

Overview

U.S. beverage maker's Q1 net sales rose 2%, slightly beating analyst expectations

Adjusted EPS for Q1 rose 24% and beat analyst expectations

Company acquired Monaco Cocktails and expanded share repurchase program

Outlook

Molson Coors expects 2026 net sales to be flat, plus or minus 1% versus 2025

Company sees 2026 underlying EPS declining 11% to 15% versus 2025

Molson Coors expects U.S. Q2 financial volumes to be 6% to 9% lower than 2025

Result Drivers

PRICE AND SALES MIX - Net sales were driven by favorable price and sales mix, mainly due to premiumization and increased net pricing, especially in the Americas segment

COST SAVINGS AND LOWER MG&A - Lower marketing, general and administrative expenses, including cycling prior-year integration costs and restructuring savings, supported improved profitability

COST INFLATION AND LOWER VOLUME - Cost inflation, especially for materials and manufacturing, and lower financial volumes in both segments weighed on results

Company press release: ID:nBw7yktjsa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Beat*
$2.35 bln
$2.33 bln (13 Analysts)
Q1 Adjusted EPS
Beat
$0.62
$0.37 (15 Analysts)
Q1 Adjusted Net Income
$117.50 mln
Q1 Net Income
$151.30 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 6 "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 $45.00, about 6.1% above its April 29 closing price of $42.41

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

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.)