Golden, Colorado-based Molson Coors Beverage Company (TAP) manufactures, markets, and sells beer and other malt beverage products in the Americas and internationally. With a market capitalization of $10 billion, the company sells its products under the following brands: Cobra, Corona Extra, Coors Original, Five Trail, Heineken, Coors Banquet, Coors Light, Jelen, Kamenitza, and Miller Lite. The company is poised to announce its Q2 2025 earnings results on Tuesday, August 5, before the market opens.
Ahead of this event, analysts expect the company to report an adjusted EPS of $1.84, down 4.2% from $1.92 in the same quarter last year. The company has surpassed Wall Street’s bottom-line estimates in three of the past four quarters, while missing on another occasion.
For fiscal 2025, analysts expect ON to report an adjusted EPS of $5.92, down marginally year-over-year from $5.96 in fiscal 2024. However, in fiscal 2026, the company’s adjusted EPS is expected to increase 5.2% year-over-year to $6.23.
TAP stock has declined 4.5% over the past 52 weeks, underperforming the Consumer Staples Select Sector SPDR Fund’s (XLP) 4% surge and the S&P 500 Index’s ($SPX) 10.9% rise during the same time frame.
TAP shares fell 4.5% following the release of its Q1 2025 results on May 8. The beer maker reported revenue of $2.69 billion for the period, which fell short of Wall Street estimates. Additionally, the company’s adjusted EPS for the quarter was $0.50, which fell short of the consensus estimate by 37.5%.
Wall Street analysts are moderately optimistic about TAP’s stock, with an overall “Moderate Buy” rating. Among 21 analysts covering the stock, five recommend “Strong Buy,” one suggests a “Moderate Buy,” and 15 indicate a “Hold.” The mean price target of $59.52 indicates a 21.3% potential upside from TAP’s current price levels.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
