
Molson Coors Beverage (TAP) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Molson Coors Beverage (TAP) last issued guidance on November 5, 2026 for fiscal year 2026. The company guided earnings per share in the range of $4.39 - $4.55, compared to a consensus EPS estimate of $4.71. Molson Coors Beverage also guided revenue in the range of $10.92B - $11.03B for the period.
Compared to prior guidance, Molson Coors Beverage lowered its EPS outlook from a previous range of $4.61 - $4.82. On the revenue side, the company lowered its revenue forecast from a prior range of $11.03B - $11.25B.
Molson Coors Beverage has issued 6 guidance updates between August 5, 2025 and November 5, 2026. During this period, the company lowered its outlook 2 times, signaling management's revised expectations.
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $1.46 | $1.53 | $0.36 | $1.16 |
| Actual | $1.46 | $1.58 | $0.62 | $1.21 |
| Surprise | 0.00% | +3.27% | +72.2% | +4.31% |
| Revenue | ||||
| Estimate | $2.94B | $3.10B | $2.33B | $2.71B |
| Actual | $2.93B | $3.10B | $2.35B | $2.66B |
| Surprise | -0.48% | -0.23% | +1.04% | -1.90% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E | Q3 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $1.02 | $0.55 | $1.65 | $1.51 |
| Revenue | ||||
| Consensus | $2.66B | — | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q3 | Nov 5, 2026 | $1.46 | $1.46 | 0.00 % |
| Q2 | Aug 6, 2026 | $1.58 | $1.53 | 3.27 % |
| Q1 | Apr 30, 2026 | $0.62 | $0.36 | 72.2 % |
| Q4 | Feb 18, 2026 | $1.21 | $1.16 | 4.31 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q3 | Nov 5, 2026 | $2.93B | $2.94B | -0.48 % |
| Q2 | Aug 6, 2026 | $3.10B | $3.10B | -0.23 % |
| Q1 | Apr 30, 2026 | $2.35B | $2.33B | 1.04 % |
| Q4 | Feb 18, 2026 | $2.66B | $2.71B | -1.90 % |