Analysts Estimate Molson Coors Brewing (TAP) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - The upcoming earnings report for Molson Coors is anticipated to influence its stock price, with expectations of a decline in revenues and earnings compared to the previous year [1][9]. Revenue and Earnings Estimates - Revenues for the upcoming quarter are projected to be $3.18 billion, reflecting a decrease of 2.7% from the same quarter last year [2]. - The consensus EPS estimate has been revised down by 3.53% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [2][5]. - Molson Coors is expected to report quarterly earnings of $1.68 per share, which represents a year-over-year decline of 5.6% [11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates a negative Earnings ESP of -1.29% for Molson Coors, suggesting a lower likelihood of an earnings beat [5][20]. - Historically, the company has beaten consensus EPS estimates in the last four quarters, but the current combination of negative ESP and a Zacks Rank of 4 complicates predictions for this quarter [7][22]. Analyst Sentiment and Historical Performance - The Most Accurate Estimate for Molson Coors is lower than the Zacks Consensus Estimate, reflecting a recent shift in analyst sentiment towards a more negative outlook [5]. - In the last reported quarter, the company surprised analysts by delivering earnings of $0.95 per share against an expectation of $0.71, resulting in a positive surprise of +33.80% [16]. Conclusion - Overall, Molson Coors does not appear to be a strong candidate for an earnings beat in the upcoming report, and investors should consider other influencing factors before making investment decisions [25].