Molson Coors Reports 2018 Second Quarter Results
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Molson Coors (TAP) PT Raised to $84 at Susquehanna
August 2, 2018 8:22 AM EDTSusquehanna raised its price target on Molson Coors (NYSE: TAP) to $84.00 (from $80.00) while maintaining a Positive rating.
Analyst Pablo Zuanic commented, "In todays call TAP echoed BUDs argument that underlying trends for the industry were better in 2Q vs. 1Q... More
Molson Coors Brewing (TAP) Tops Q2 EPS by 5c, Miss on Revenues
August 1, 2018 7:02 AM EDTMolson Coors Brewing (NYSE: TAP) reported Q2 EPS of $1.88, $0.05 better than the analyst estimate of $1.83. Revenue for the quarter came in at $3.09 billion versus the consensus estimate of $3.1 billion.
"We were pleased with the sequential improvements in the second quarter for top and bottom line results. Our full year underlying cost savings and free cash flow guidance has not changed, despite ongoing... More
