Molson Coors Beverage Company (TAP) earnings on August 6, 2026
More Molson Coors Beverage Company earnings
Prior outlook: Optimistic Outcome: Accurate
Molson Coors stock rose sharply in market review today, climbing as much as 6% before ending the day up about 1%. The company reported quarterly profit and sales that were higher than analysts expected, and it maintained its forecast for the year ahead.
TAP price around the earnings
42.41
Change: +1.2%
2026-08-06, 20:00 UTC
End of the measured window
41.89
42.60
43.30
44.01
41.89
August 6, 2026
- Price: green if it ends above the starting price; red if it ends below
- End of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Accurate
- Thesis published
- Results released
Positive trend strength (+7.8% 30d) and strong beat history (75%, +21.7% avg) offset by analyst Hold and PT cuts.
Context analyzed before publication
- Trend
- Moderate positive run-up into earnings, with trajectory scores showing some volatility but an overall upward trend.
Analysts
Evidence
- Analyst consensus
- Hold
- Consensus average (1-5)
- 2.76
- Analysts covering the stock
- 21
- Average price target
- 45.1
- Lowest price target
- 35
- Highest price target
- 61
- Upside to price target
- 7.7%
- Quarterly earnings growth
- 25%
- Revenue growth
- 2%
- Forward EPS
- 4.97
- Trailing EPS
- -10.45
- Analyst moves in the last 60 days
- 3
- Strong buy: 2
- Buy: 4
- Hold: 11
- Sell: 1
- Strong sell: 3
- Strong buy
- 2
- Buy
- 4
- Hold
- 11
- Sell
- 1
- Strong sell
- 3
- July 16, 2026 · UBS: Maintains rating (Neutral → Neutral)
- July 14, 2026 · Citigroup: Maintains rating (Neutral → Neutral)
- July 8, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (3)
- UBS Maintains Neutral on Molson Coors Beverage, Lowers Price Target to $40 (opens in a new tab) — Benzinga
- Citigroup Maintains Neutral on Molson Coors Beverage, Lowers Price Target to $42 (opens in a new tab) — Benzinga
- Wells Fargo Maintains Equal-Weight on Molson Coors Beverage, Lowers Price Target to $41 (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 41.89
- Average true range (ATR)
- 2.8%
- Distance to 52-week high
- -21.3%
- 14-day change (14d)
- +2.1%
- 30-day change (30d)
- +7.8%
- 30-day relative strength
- +5.3%
- SPY change (30d)
- +2.5%
- Nearest support
- 41.8
- Distance to nearest support
- 0.2%
- Nearest resistance
- 42.02
- Distance to nearest resistance
- 0.3%
- Volume accumulation ratio (14d / 46d)
- 1
- Mid: 41.8 (0.2% away, 0.07 ATR, 15 touches)
- Mid: 41.4 (1.2% away, 0.41 ATR, 26 touches)
- Minor: 41.2 (1.7% away, 0.59 ATR, 1 touches)
- Mid: 42.02 (0.3% away, 0.11 ATR, 17 touches)
- Mid: 42.41 (1.3% away, 0.44 ATR, 15 touches)
- Mid: 42.63 (1.8% away, 0.62 ATR, 19 touches)
Trends
Evidence
- Average earnings surprise
- +21.7%
- April 30, 2026: actual EPS 0.62 vs estimate 0.36 (surprise +70.6%)
- February 18, 2026: actual EPS 1.21 vs estimate 1.15 (surprise +5.0%)
- November 4, 2025: actual EPS 1.67 vs estimate 1.7 (surprise -1.5%)
- August 5, 2025: actual EPS 2.05 vs estimate 1.82 (surprise +12.9%)
Expected move
- Implied move
- +2.3%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 3.2%
- 75th percentile move
- 5%
- 90th percentile move
- 9.6%
- Up / down moves
- 10 / 10
- Average up move
- +3.4%
- Average down move
- -4.3%
Monitoring and close
What Molson Coors Beverage Company reported
- Status
- Finished
| Actual EPS | 1.58 |
|---|---|
| EPS estimate | 1.51 |
| EPS surprise | +4.6% |
| Revenue | $3,097 million |
| Revenue estimate | $3,081 million |
| Revenue surprise | +0.5% |
Molson Coors beat Q2 estimates, though sales fell on weak demand and high costs. The World Cup didn't deliver the expected beer boom. The Q2 2026 earnings call transcript is now available.
Sources (11)
- Molson Coors Says World Cup Didn't Deliver the Beer Boom Many Expected (opens in a new tab) — Benzinga
- Molson Coors Beverage Company (TAP) Q2 2026 Earnings Call Transcript (opens in a new tab) — SeekingAlpha
- Molson Coors (TAP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates (opens in a new tab) — Zacks
- Molson Coors Brewing (TAP) Surpasses Q2 Earnings and Revenue Estimates (opens in a new tab) — Zacks
- Molson Coors Sales Fall Amid Demand Challenges, Supply Costs (opens in a new tab) — The Wall Street Journal
- Molson Coors beats second-quarter expectations and maintains full-year outlook (opens in a new tab) — InvestorsHub
- Molson Coors (NYSE:TAP) Reports Q2 CY2026 In Line With Expectations (opens in a new tab) — StockStory
- Molson Coors Beverage Affirms FY2026 Adj EPS Guidance of $4.61-$4.82 vs $4.73 Est; Affirms FY2026 Sales Guidance of $11.029B-$11.252B vs $11.107B Est (opens in a new tab) — Benzinga
- Molson Coors beat Q2 expectations: adjusted EPS of $1.58 (est. $1.51) and revenue of $3.097B (est. $3.081B). — Benzinga
- Molson Coors Beverage Q2 Adj. EPS $1.58 Beats $1.51 Estimate, Sales $3.097B Beat $3.081B Estimate (opens in a new tab) — Benzinga
- Molson Coors Beverage Company Reports 2026 Second Quarter Results (opens in a new tab) — Yahoo
Pre-market second reading after the results
- Verdict
- Beat expectations
Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +2.4% pre-market, a move in line with the stock's usual reaction (about 3%). The figures confirm the optimistic scenario. Across our market history, in the 1,598 similar cases the close held that direction 75% of the time.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- +1.1%
- Max favorable move (MFE)
- 6.1%
- Max adverse move (MAE)
- 0%