Molson Coors Beverage (TAP) Projected to Release Quarterly Earnings on Thursday

Key Points

• Molson Coors is expected to report Q3 2026 results on November 5, with analysts forecasting $1.44 in earnings per share and $2.94 billion in revenue. The company’s full-year EPS guidance is $4.607–$4.823.
• In its previous quarter, Molson Coors reported EPS of $1.58, beating estimates of $1.51, while revenue reached $3.10 billion. However, revenue declined 3.3% year over year, and prior-year EPS was higher at $2.05.
• Analyst sentiment remains cautious: the stock has an average “Reduce” rating and a $43.06 price target, while shares recently traded near $39.13 after declining 0.8%.

Molson Coors Beverage (NYSE:TAP - Get Free Report) is anticipated to announce its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of $1.44 per share and revenue of $2.94 billion for the quarter. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. Parties are encouraged to explore the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Molson Coors Beverage (NYSE:TAP - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.07. Molson Coors Beverage had a negative net margin of 17.83% and a positive return on equity of 9.46%. The business had revenue of $3.10 billion for the quarter, compared to analysts' expectations of $3.08 billion. During the same period in the prior year, the company posted $2.05 EPS. The business's revenue for the quarter was down 3.3% compared to the same quarter last year. On average, analysts expect Molson Coors Beverage to post $4.78 EPS for the current fiscal year and $4.88 EPS for the next fiscal year.

Molson Coors Beverage Stock Down 0.8%

Shares of NYSE:TAP opened at $39.13 on Thursday. The firm has a fifty day moving average price of $39.08 and a two-hundred day moving average price of $42.59. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.88 and a quick ratio of 0.72. Molson Coors Beverage has a one year low of $35.52 and a one year high of $54.82. The company has a market cap of $8.20 billion, a price-to-earnings ratio of -3.39 and a beta of 0.43.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TAP. Wells Fargo & Company lowered their price objective on Molson Coors Beverage from $41.00 to $38.00 and set an "equal weight" rating on the stock in a research report on Monday, October 5th. Barclays dropped their price objective on Molson Coors Beverage from $41.00 to $36.00 and set an "underweight" rating for the company in a research note on Friday, October 16th. Deutsche Bank Aktiengesellschaft set a $41.00 target price on Molson Coors Beverage in a research report on Wednesday, July 22nd. Piper Sandler decreased their target price on Molson Coors Beverage from $45.00 to $44.00 and set a "neutral" rating on the stock in a research note on Friday, August 7th. Finally, Citigroup lowered their price target on Molson Coors Beverage from $42.00 to $40.00 and set a "neutral" rating on the stock in a report on Wednesday, October 14th. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Reduce" and an average price target of $43.06.

Molson Coors Beverage Company Profile

Molson Coors Beverage Company is a global beverage company best known for brewing and marketing beer. Its portfolio includes widely recognized brands such as Coors, Coors Light, Miller Lite, Miller High Life, Molson Canadian, Carling, Blue Moon, Staropramen and Peroni Nastro Azzurro, along with hard seltzers, flavored alcoholic beverages and other adjacent products.

The company serves consumers through a broad network of breweries, distributors and retailers across North America, Europe and other international markets.

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