
TAP's Q3 earnings and sales miss estimates as weak beer demand and rising costs squeeze margins, prompting a cut to its 2026 earnings and sales outlook.
The Molson Coors Beverage Company, commonly known as Molson Coors, is a multinational drink and brewing company headquartered in Chicago in the United States.
| Revenue (TTM) | $11.04B |
| Gross Profit (TTM) | $3.96B |
| EBITDA | $2.40B |
| Operating Margin | 13.40% |
| Return on Equity | 7.99% |
| Return on Assets | 4.61% |
| Revenue/Share (TTM) | $58.22 |
| Book Value | $44.76 |
| Price-to-Book | 0.78 |
| Price-to-Sales (TTM) | 0.68 |
| EV/Revenue | 1.214 |
| EV/EBITDA | 6.10 |
| Quarterly Earnings Growth (YoY) | -42.30% |
| Quarterly Revenue Growth (YoY) | -1.60% |
| Shares Outstanding | $174.12M |
| Float | $191.84M |
| % Insiders | 12.78% |
| % Institutions | 109.40% |
Volatility is currently expanding

TAP's Q3 earnings and sales miss estimates as weak beer demand and rising costs squeeze margins, prompting a cut to its 2026 earnings and sales outlook.

Molson Coors Beverage Company (TAP) Q3 2026 Earnings Call Transcript

Although the revenue and EPS for Molson Coors (TAP) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Molson Coors Brewing (TAP) came out with quarterly earnings of $1.46 per share, missing the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.67 per share a year ago.

Molson Coors Beverage cut its full-year guidance as it expects the economic environment to continue weighing on beer demand in the current quarter.

GOLDEN, Colo. & MONTRÉAL--(BUSINESS WIRE)--Molson Coors Beverage Company Reports 2026 Third Quarter Results.

Molson Coors Beverage Company TAP is expected to register declines in its top and bottom lines when it reports third-quarter 2026 earnings on Nov. 5, before market open. The Zacks Consensus Estimate for revenues is pegged at $2.94 billion, indicating a 1.3% decline from the prior-year reported figure.

Tobacco, beer, and spirits stocks promise reliable income through any downturn, but the safety picture behind each payout varies so widely that picking the wrong one could cost you more than the dividend is worth.

Molson Coors (TAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Molson Coors (TAP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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