TAP Stock Recent News

Molson Coors Beverage Company (TAP) shares sank Thursday after the beermaker slashed its outlook and planned to reduce spending on concerns economic conditions will lead consumers to spend less.

The headline numbers for Molson Coors (TAP) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Molson Coors reports adjusted first-quarter earnings of 50 cents a share, below Wall Street consensus of 78 cents.

Molson Coors Beverage Co (NYSE:TAP) lowered its full-year sales and profit outlook on Thursday after disappointing first-quarter results, citing weaker consumer demand, inflation, and trade concerns. Shares of the Coors Light and Miller Lite maker fell more than 8% on Thursday morning after the company said it now expects 2025 underlying diluted earnings per share to grow in the low single digits, down from its earlier forecast of high single-digit growth.

Molson Coors Brewing (TAP) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.95 per share a year ago.

Stocks drops after beer brewer's biggest earnings miss in four years and a lowered full-year outlook as consumer confidence falls as the economy slows.

Molson Coors' first-quarter net income fell 42% and the beverage company slashed its sales and underlying earnings projections for the year, citing intensified competition in overseas markets and economic blues among consumers.

GOLDEN, Colo. & MONTRÉAL--(BUSINESS WIRE)--Molson Coors Beverage Company Reports 2025 First Quarter Results.

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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Molson Coors Brewing (TAP) have what it takes?