The upcoming report from Molson Coors Brewing (TAP) is expected to reveal quarterly earnings of $1.13 per share, indicating a decline of 5% compared to the year-ago period. Analysts forecast revenues of $2.71 billion, representing a decrease of 3% year over year.The consensus EPS estimate for the quarter has been revised 0.7% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior t ...

Molson Coors Brewing (TAP) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 13, 2025, might help the stock move higher if these key numbers are bet ...

Molson Coors Beverage Company (TAP) has signed a deal with Fevertree Drinks plc (Fever-Tree), a global leader in premium carbonated beverages and mixers. The partnership is aimed at broadening its U.S. non-alcoholic portfolio. Under the deal, Molson Coors will get exclusive commercialization rights for Fever-Tree's products, including tonics, ginger beers, cocktail mixers and other products in the United States. As part of the deal, TAP will manage co-manufactured production, marketing, sales and distributi ...

Stock Performance - Molson Coors Beverage Company (TAP) stock has grown 7% in the past six months, outperforming the Zacks Beverages - Alcohol industry, which dropped 16.6%, and the broader Consumer Staples sector, which fell 4.4% [1] Company Strategies - The company is focused on portfolio premiumization in both Beer and Beyond Beer to enhance its product portfolio [1] - Molson Coors' Acceleration Plan builds on the success of its 2019 Revitalization Plan and revolves around five pillars: core power brands' growth, portfolio premiumization, beyond beer expansion, investment in capabilities, and support to its people and communities [2] - The company plans to invest in iconic brands and growth opportunities in the above-premium beer space, expand in adjacencies and beyond beer, and develop digital competencies for commercial functions, supply-chain-related system capabilities, and employees [3] Growth Opportunities - ZOA, a better-for-you energy drink, has shown high-growth potential with its direct-to-consumer business being a key sales driver, expected to boost Molson Coors' portfolio and profitability [4] Challenges - The company faces cost inflation, with the underlying cost of goods sold per hectoliter rising 5.6% in Q3 2024 due to increased materials and manufacturing costs, deleveraged volumes, and unfavorable mix in the Americas segment [6] - Lower U.S. brand volumes and underperformance of the U.S. beer industry are additional pressures [7] Valuation - Molson Coors' stock is trading at a discount with a forward 12-month price/earnings ratio of 9.34, lower than the industry's 14.23 and its five-year high of 15.57 [8] Earnings Outlook - The Zacks Consensus Estimate for Molson Coors' 2025 earnings per share (EPS) indicates a 2.8% year-over-year increase [11] Consumer Staples Sector Highlights - Freshpet, Inc (FRPT) has a trailing four-quarter average earnings surprise of 144.5% and a Zacks Rank 1 (Strong Buy) with current financial-year sales and EPS expected to grow 24.5% and 66.8%, respectively [12] - United Natural Foods (UNFI) has a Zacks Rank 1 with current financial-year sales and EPS expected to grow 0.3% and 442.9%, respectively, and a trailing four-quarter average earnings surprise of 553.1% [13] - McCormick & Company (MKC) has a Zacks Rank 2 (Buy) with current financial-year sales and EPS expected to grow 2.3% and 6.4%, respectively, and a trailing four-quarter average earnings surprise of 13.8% [14]

Molson Coors Beverage Company (TAP) has encountered a notable resistance level, prompting caution among investors from a technical standpoint. TAP has been trading below both the 200-day and 50-day simple moving averages (SMA) for quite some time now, suggesting a bearish trend.Currently, at $55.19, TAP remains below its 200-day and 50-day SMA of $56.01 and $58.92, respectively, indicating a possible sustained downward trend.TAP Trading Below 50- and 200-Day Moving AverageImage Source: Zacks Investment Rese ...

Molson Coors Beverage Company (TAP) is currently trading at a notable low price-to-earnings (P/E) multiple, well below the averages of the Zacks  Beverages - Alcohol industry and the broader Consumer Staples sector. With a forward 12-month P/E of 10.41x, TAP stock reflects a discount to the industry average of 15.97x and the Consumer Staples sector’s average of 17.84x.TAP Stock Looks UndervaluedImage Source: Zacks Investment ResearchThis shows the TAP stock is undervalued relative to its industry peers, pre ...

Molson Coors Beverage Company’s (TAP) shares have risen nearly 5% since it released third-quarter 2024 results on Nov. 7. The company’s top and bottom lines beat the Zacks Consensus Estimate but declined year over year.In addition, the company lowered its 2024 sales forecast to a 1% decline on a constant-currency basis from the previously mentioned low-single-digit growth, due to the ongoing macroeconomic pressures on the U.S. beer industry and lower U.S. financial volumes during this year’s peak season.Des ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ . Commission File Number: 1-14829 Molson Coors Beverage Company (Exact ...

Core Insights - Molson Coors Beverage Company reported third-quarter 2024 results with both top and bottom lines exceeding Zacks Consensus Estimates but showing year-over-year declines due to a challenging U.S. macroeconomic environment and unfavorable shipment timing [1][4] Financial Performance - Adjusted earnings per share (EPS) were $1.80, down 6.2% year over year, but above the Zacks Consensus Estimate of $1.65 [2] - Net sales decreased 7.8% year over year to $3.04 billion, surpassing the Zacks Consensus Estimate of $3.14 billion, driven by lower financial volume but partially offset by an improved price and sales mix [3][6] - Gross profit fell 10.7% year over year to $1.2 billion, with gross margin contracting 130 basis points to 39.5% [7] Segment Analysis - In the Americas segment, net sales declined 11% year over year to $2.3 billion, primarily due to lower financial volume and unfavorable currency impacts, despite a positive price and sales mix [9] - EMEA&APAC segment net sales rose 5.1% year over year to $704.4 million, supported by a favorable price and sales mix, although financial volumes dipped 3% [12][13] Cost and Expenses - Marketing, general and administrative (MG&A) expenses decreased 8.3% year over year to $684.7 million, attributed to lower incentive compensation and reduced marketing investments [7] - Underlying earnings before taxes (EBT) fell 39.1% year over year to $331.4 million, impacted by reduced financial volume and cost inflation, but partially offset by elevated pricing and lower MG&A expenses [8][11] Cash Flow and Debt - As of September 30, 2024, the company had cash and cash equivalents of $1.02 billion and total debt of $6.2 billion, resulting in a net debt of $5.22 billion [14] - Net cash provided by operating activities for the first nine months of 2024 was $1.4 billion, with underlying free cash flow of $856 million [14][15] Future Outlook - The company revised its 2024 sales forecast to a 1% decline on a constant-currency basis, down from previous low-single-digit growth expectations, while reaffirming its underlying EBT outlook [16] - Molson Coors maintained its mid-single-digit growth target for underlying EPS, expecting to reach the higher end of the target range due to an accelerated share repurchase program [17]

� COOKS Q3 FY 2024 RESULTS & OUTLOOK FORWARD LOOKING STATEMENTS & OTHER INFORMATION This presentation includes "forward-looking statements" within the meaning of the U.S. federal securities laws. Generally, the words "expects," "intend," "goals," "plans," "believes," "continues," "may," "anticipate," "seek," "estimate," "outlook," "trends," "future benefits," "potential," "projects," "strategies," "implies," and variations of such words and similar expressions are intended to identify forward-looking statem ...