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Molson Coors Brewing (TAP)
:TAP
US Market
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Molson Coors (TAP) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 13, 2025
TBA Not Confirmed
Period Ending
2024 (Q4)
Consensus EPS Forecast
1.13
Last Year’s EPS
1.19
Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Oct 31, 2018
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% Change Since: -1.57%
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Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were strong performances in international markets and successful premiumization strategies driving revenue growth, the U.S. market faced significant challenges, leading to a downward adjustment in sales revenue guidance. Despite these setbacks, the company maintained financial flexibility and continued to invest in its brands.
Company Guidance
During the Molson Coors Beverage Company's Q3 2024 earnings call, the company provided detailed guidance metrics amidst macroeconomic challenges. Their consolidated net sales revenue decreased by 7.8%, and underlying pretax income and earnings per share dropped by 8.7% and 6.2%, respectively. The U.S. market faced significant challenges, with financial volume down 17.9% and brand volume down 6.2%, largely due to the exit of the Pabst contract brewing volume, which negatively impacted the Americas financial volume by 2.6 percentage points in Q3. Despite this, the company reaffirmed its guidance for mid-single-digit growth in underlying pretax income and earnings per share for the year, supported by a more favorable cost outlook. They also adjusted their 2024 net sales revenue guidance to approximately a 1% decline from a previous expectation of low single-digit growth, yet excluding Pabst's impact, annual top-line growth was expected to be positive. The company generated $856 million in underlying free cash flow and returned $717 million to shareholders in the first nine months.
Strong Performance in EMEA, APAC, and Canada
EMEA and APAC as well as Canada showed strong performance. EMEA and APAC top line grew 5.7% for the first 9 months, driven by premiumization efforts and successful brand launches like Madri and Caraiman.
Successful Premiumization Strategies
EMEA and APAC above premium net sales revenue grew over 15%. Madri became the #2 lager in the UK on-premise in terms of value. Canada’s above premium net brand revenue rose by nearly 15%.
Coors Banquet Growth
Coors Banquet brand volume increased by 8%, marking the 13th consecutive quarter of industry share growth. It is the fastest-growing top 15 beer brand in the U.S. in terms of volume percentage growth.
Strong Financial Flexibility and Cash Generation
The company generated $856 million in underlying free cash flow for the first 9 months of the year and repurchased $438 million in shares, demonstrating strong cash generation and financial flexibility.
Positive Share Retention
The core power brands retained substantial share gains, with Coors Light, Miller Lite, and Coors Banquet combined share down only 0.5 points from a year ago but up 1.9 points compared to 2022.
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Molson Coors (TAP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

TAP Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 01, 20182018 (Q2)
- / 1.88
1.6613.25% (+0.22)
Oct 31, 20182018 (Q3)
- / 1.84
1.3437.31% (+0.50)
Feb 12, 20192018 (Q4)
- / 0.84
0.6235.48% (+0.22)
May 01, 20192019 (Q1)
- / 0.52
0.488.33% (+0.04)
Jul 31, 20192019 (Q2)
- / 1.52
1.88-19.15% (-0.36)
Oct 30, 20192019 (Q3)
- / 1.48
1.84-19.57% (-0.36)
Feb 12, 20202019 (Q4)
- / 1.02
0.8421.43% (+0.18)
Apr 30, 20202020 (Q1)
- / 0.35
0.52-32.69% (-0.17)
Jul 30, 20202020 (Q2)
- / 1.55
1.521.97% (+0.03)
Oct 29, 20202020 (Q3)
- / 1.62
1.489.46% (+0.14)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TAP Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 07, 2024$56.11$56.32+0.37%
Aug 06, 2024$50.35$53.07+5.40%
Apr 30, 2024$62.07$55.91-9.92%
Feb 13, 2024$60.22$59.43-1.31%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does Molson Coors Brewing (TAP) report earnings?
Molson Coors Brewing (TAP) is schdueled to report earning on Feb 13, 2025, TBA Not Confirmed.
    What is Molson Coors Brewing (TAP) earnings time?
    Molson Coors Brewing (TAP) earnings time is at Feb 13, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is TAP EPS forecast?
          TAP EPS forecast for the fiscal quarter 2024 (Q4) is 1.13.
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            Molson Coors (TAP) Earnings News

            Molson Coors (NYSE:TAP) Drops despite Outpacing Q4 Expectations
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            Molson Coors (NYSE:TAP) Drops despite Outpacing Q4 Expectations
            11M ago
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