On Tuesday, Feb. 12, Molson Coors Brewing TAP will report its last quarter's earnings. Here is Benzinga's take on the company's latest release.
Earnings and Revenue
Analysts covering Molson Coors Brewing modeled for quarterly EPS of 79 cents on revenue of $2.55 billion.
Molson Coors Brewing EPS in the same period a year ago totaled 62 cents. Revenue was $2.58 billion. The analyst consensus estimate would represent a 27.42 percent increase in the company's earnings. Revenue would have fallen 1.16 percent from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
EPS Estimate | 1.6 | 1.83 | 0.83 | 0.55 |
EPS Actual | 1.84 | 1.88 | 0.48 | 0.62 |
Stock Performance
Over the last 52-week period, shares are down 14.73 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts have been rating Molson Coors Brewing stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Molson Coors Brewing's Q4 conference call is scheduled to begin at 11:00 a.m. ET and can be accessed here: http://ir.molsoncoors.com/events-and-presentations/events-and-presentations/event-details/2019/Q4-2018-Earnings-Conference-Call/default.aspx
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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