Molson Coors shares rise as Q4 earnings top estimates

Investing.com -- Molson Coors Beverage Company reported fourth-quarter earnings that beat analyst expectations, sending shares up 5.1% in early trading.

The company posted adjusted earnings per share of $1.30, surpassing the consensus estimate of $1.13. Revenue came in at $2.74 billion, slightly above the $2.71 billion analysts had forecast.

Net sales for the quarter decreased 2% YoY to $2.74 billion, driven by lower financial volumes and unfavorable foreign currency impacts, partially offset by favorable price and sales mix. Financial volumes fell 6.4%, primarily due to lower shipments in both segments, including lower contract brewing volumes in the Americas.

"2024 was another year of progress for Molson Coors (NYSE: TAP). We continued to advance our strategy and achieved another year of bottom-line growth," said CEO Gavin Hattersley.

For full-year 2025, Molson Coors expects low single-digit net sales growth on a constant currency basis. The company forecasts a mid single-digit increase in underlying income before income taxes and high single-digit growth in underlying earnings per share compared to 2024.

However, the company noted that the global macro environment is rapidly evolving, resulting in uncertainty around the effects of geopolitical events and global trade policy. As a result, TAP highlighted that its outlook does not reflect the impacts of these factors or any imposition of import tariffs by the U.S. and potential retaliatory actions by other countries.

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