Recap: Molson Coors Beverage Q3 Earnings

Comments
Loading...

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.

Earnings

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.

Past Earnings Performance

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.

TAP Logo
TAPMolson Coors Beverage Co
$58.500.36%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum40.98
Growth5.93
Quality44.63
Value41.55
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In: