Molson Coors Brewing Company Stock News

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Molson Coors Beverage Co (NYSE: TAP ) reported fourth-quarter FY21 sales growth of 14.2% year-on-year, to $2.62 billion, beating the consensus of $2.55 billion. Net sales in the Americas rose 7.6% Y/Y, and EMEA & APAC gained 56.4%. Gross profit fell 4.2% Y/Y to $857.3 million. The operating margin was 6.3%, and Full story available on Benzinga.com

Molson Coors (TAP) delivered earnings and revenue surprises of -10% and 1.87%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Molson Coors Beverage Co. reported fourth quarter net income of $80.0 million, or 37 cents per share, after a loss of $1.37 billion, or $6.32 per share, last year. Adjusted EPS of 81 cents missed the FactSet consensus for 86 cents. Sales of $3.194 billion were up from $2.778 billion and well ahead of the FactSet consensus for $2.547 billion. Revenue grew at Coors Light and Miller Lite, two of the company''s biggest brands. "This year, we grew the top-line for the first time in a decade," said Chief Executive Gavin Hattersley in a statement. The company has renamed its reporting segments with North America now Americas, and Europe now EMEA & APAC. Both saw sales increases during the quarter with EMEA & APAC up 56.4%. Molson Coors stock slipped 0.5% in Wednesday premarket trading, and is up 3.4% over the last year. The benchmark S&P 500 index has gained nearly 11% for the last 12 months. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.

Molson Coors' fourth-quarter earnings fell short of Wall Street's expectations, but its revenue topped analysts' estimates.

Molson Coors press release (TAP): Q4 Non-GAAP EPS of $0.81 misses by $0.04.Revenue of $2.62B (+14.4% Y/Y) beats by $70M.Board of Directors Raises Quarterly Dividend 12% to $0.38

GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--Molson Coors Beverage Company Reports 2021 Fourth Quarter and Full Year Results

Molson Coors reported today that they closed out 2021 with solid numbers and are positioned to continue their positive trends in 2022.

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Molson Coors (TAP) delivered earnings and revenue surprises of -10% and 1.87%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Molson Coors Beverage Co. TAP, -0.84% reported fourth quarter net income of $80.0 million, or 37 cents per share, after a loss of $1.37 billion, or $6.32 per share, last year. Adjusted EPS of 81 cents

Molson Coors (NYSE:TAP) is scheduled to announce Q4 earnings results on Wednesday, February 23rd, before market open.The consensus EPS Estimate is $0.85 (+312.5% Y/Y) and the

Molson Coors (TAP) Q4 results to reflect gains from investments, partnerships and product launches as part of the revitalization plan. Higher marketing and inflationary costs are likely to have hurt.

In the past two years, investors have seen plenty of companies that made little or no money, burned through available cash and regularly posted disappointing numbers.