Molson Coors Beverage (TAP) Expected to Announce Quarterly Earnings on Thursday
by Scott Moore · The Cerbat GemMolson Coors Beverage (NYSE:TAP – Get Free Report) is anticipated to issue 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. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings report 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 announced its quarterly 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 positive return on equity of 9.46% and a negative net margin of 17.83%. The company had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.08 billion. During the same period in the prior year, the company earned $2.05 earnings per share. The company’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 $4.77 EPS for the current fiscal year and $4.86 EPS for the next fiscal year.
Molson Coors Beverage Trading Down 3.1%
NYSE:TAP opened at $41.88 on Wednesday. Molson Coors Beverage has a fifty-two week low of $35.52 and a fifty-two week high of $54.82. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.88 and a quick ratio of 0.72. The stock has a market capitalization of $8.78 billion, a PE ratio of -3.63 and a beta of 0.45. The business’s 50-day simple moving average is $38.95 and its 200-day simple moving average is $42.43.
Analysts Set New Price Targets
Several research analysts have recently weighed in on the stock. BNP Paribas Exane reduced their price target on shares of Molson Coors Beverage from $34.00 to $33.00 and set an “underperform” rating for the company in a report on Friday, September 18th. Needham & Company LLC restated a “buy” rating and set a $50.00 price objective on shares of Molson Coors Beverage in a report on Friday, August 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Molson Coors Beverage in a research note on Monday, September 21st. Citigroup lowered their target price on Molson Coors Beverage from $42.00 to $40.00 and set a “neutral” rating for the company in a report on Wednesday, October 14th. Finally, Barclays dropped their price target on Molson Coors Beverage from $41.00 to $36.00 and set an “underweight” rating on the stock in a research note on Friday, October 16th. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $43.06.
Get Our Latest Analysis on Molson Coors Beverage
About Molson Coors Beverage
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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