Molson Coors Beverage Company Faces Mixed Expectations

Molson Coors Beverage Company is set to announce Q4 earnings, showcasing a profit outlook of $1.13 per share. While EPS for fiscal 2024 is projected to rise, concerns linger about weaker revenue growth. Investors remain cautious as TAP has lagged behind broader market indices.

Date: 18-01-2025

AI Rating: 5

Earnings Per Share (EPS): Molson Coors Beverage Company (TAP) is projected to report a profit of $1.13 per share for Q4, which indicates a decline of 5% compared to $1.19 per share in the same quarter last year. Despite this dip, looking forward, analysts expect an EPS of $5.79 for fiscal 2024, reflecting a growth of 6.6% from the prior fiscal year.

Revenue Growth: The report mentions weaker-than-expected Q3 adjusted revenue totaling $3 billion, highlighting a concerning area for investors as it demonstrates potential challenges in revenue generation relative to expectations.

Free Cash Flow (FCF): TAP reported a strong free cash flow of $856 million, which significantly supports investor confidence. This positive cash flow allows for flexibility in operations and opportunity for strategic investments or share repurchases.

Analyst Ratings: Currently, the consensus among analysts regarding TAP's stock is cautious with a "Hold" rating overall. Among 20 analysts covering the stock, five recommend "Strong Buy," one suggests "Moderate Buy," 12 advise "Hold," and two indicate “Strong Sell.” This mixed sentiment could lead to volatility around earnings announcements. TAP has also been trading below the average analyst price target of $62.52, indicating a discrepancy between market perception and potential value.

Stocks: TAP