Molson Coors Beverage (TAP) Expected to Announce Earnings on Thursday

Molson Coors Beverage (NYSE:TAP) will likely be issuing its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Molson Coors Beverage to announce earnings of $1.44 per share and revenue of $2.94 billion for the quarter. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Molson Coors Beverage (NYSE:TAP) last issued its earnings results on Thursday, August 6th. The company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.51 by $0.07. The business had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.08 billion. Molson Coors Beverage had a positive return on equity of 9.46% and a negative net margin of 17.83%. Molson Coors Beverage’s revenue was down 3.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.05 EPS. On average, analysts expect Molson Coors Beverage to post $4.77 EPS for the current fiscal year and $4.86 EPS for the next fiscal year.

Molson Coors Beverage Price Performance

TAP opened at $43.36 on Tuesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.72 and a current ratio of 0.88. The stock has a market capitalization of $9.08 billion, a P/E ratio of -3.76 and a beta of 0.43. The company’s 50-day simple moving average is $38.97 and its two-hundred day simple moving average is $42.47. Molson Coors Beverage has a 52-week low of $35.52 and a 52-week high of $54.82.

Analyst Ratings Changes

A number of analysts have recently commented on TAP shares. Wells Fargo & Company reduced their price target on shares of Molson Coors Beverage from $41.00 to $38.00 and set an “equal weight” rating for the company in a research note on Monday, October 5th. Zacks Research downgraded shares of Molson Coors Beverage from a “hold” rating to a “strong sell” rating in a research report on Monday, October 19th. Deutsche Bank Aktiengesellschaft set a $41.00 price objective on shares of Molson Coors Beverage in a research report on Wednesday, July 22nd. Citigroup dropped their target price on shares of Molson Coors Beverage from $42.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday, October 14th. Finally, TD Cowen cut their target price on shares of Molson Coors Beverage from $43.00 to $37.00 and set a “hold” rating for the company in a research report on Tuesday, October 13th. Four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $43.06.

About Molson Coors Beverage

Molson Coors Beverage Company is a global beverage company best known for brewing and marketing beer. Its portfolio includes widely recognized brands such as Coors, Coors Light, Miller Lite, Miller High Life, Molson Canadian, Carling, Blue Moon, Staropramen and Peroni Nastro Azzurro, along with hard seltzers, flavored alcoholic beverages and other adjacent products.

The company serves consumers through a broad network of breweries, distributors and retailers across North America, Europe and other international markets.