Beer company Molson Coors (NYSE: TAP) will be announcing earnings results this Tuesday before market open. Here’s what to look for.
Molson Coors beat analysts’ revenue expectations by 2.7% last quarter, reporting revenues of $3.20 billion, down 1.6% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ EBITDA estimates and a solid beat of analysts’ revenue estimates.
Is Molson Coors a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Molson Coors’s revenue to be flat year on year at $3.02 billion, improving from the 7.8% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.70 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Molson Coors has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Molson Coors’s peers in the beverages, alcohol, and tobacco segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Vita Coco delivered year-on-year revenue growth of 37.2%, beating analysts’ expectations by 15.2%, and MGP Ingredients reported a revenue decline of 18.9%, topping estimates by 2.1%. Vita Coco’s stock price was unchanged after the resultswhile MGP Ingredients was up 2.2%.
Read our full analysis of Vita Coco’s results here and MGP Ingredients’s results here.
Questions about potential tariffs and corporate tax changes have caused much volatility in 2025. While some of the beverages, alcohol, and tobacco stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5.9% on average over the last month. Molson Coors is down 4.6% during the same time and is heading into earnings with an average analyst price target of $53.19 (compared to the current share price of $43.55).
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