Molson Coors Brewing (TAP) Beats Q4 Earnings and Revenue Estimates

Core Viewpoint - Molson Coors Brewing reported quarterly earnings of $1.30 per share, exceeding the Zacks Consensus Estimate of $1.13 per share, and showing an increase from $1.19 per share a year ago, indicating a 15.04% earnings surprise [1][2] Financial Performance - The company achieved revenues of $2.74 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.11%, although this represents a decline from $2.79 billion in the same quarter last year [2] - Over the last four quarters, Molson Coors has exceeded consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - Molson Coors shares have declined approximately 6.8% since the beginning of the year, contrasting with the S&P 500's gain of 2.9% [3] - The current Zacks Rank for Molson Coors is 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $0.87 on revenues of $2.5 billion, while the estimate for the current fiscal year is $5.94 on revenues of $11.51 billion [7] - The trend of estimate revisions for Molson Coors is mixed, which could change following the recent earnings report [6] Industry Context - The Beverages - Alcohol industry is currently ranked in the bottom 12% of over 250 Zacks industries, indicating potential challenges for stocks within this sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact investor sentiment [5]