Recap: Molson Coors Beverage Q3 Earnings

Molson Coors Beverage TAP reported its Q3 earnings results on Tuesday, November 1, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Molson Coors Beverage missed estimated earnings by 3.65%, reporting an EPS of $1.32 versus an estimate of $1.37.

Revenue was up $112.30 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 1.4% increase in the share price the next day.

Here's a look at Molson Coors Beverage's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	1.19	0.19	0.85	1.54
EPS Actual	1.19	0.29	0.81	1.75
Revenue Estimate	2.93B	2.13B	2.55B	2.92B
Revenue Actual	2.92B	2.21B	2.62B	2.82B

To track all earnings releases for Molson Coors Beverage visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-Recaps Earnings