Molson Coors Reports 2021 Second Quarter Results
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Molson Coors (TAP) PT Raised to $72 at Jefferies
July 30, 2021 8:03 AM EDTJefferies analyst Kevin Grundy raised the price target on Molson Coors (NYSE: TAP) to $72.00 (from $70.00) while maintaining a Buy rating.
The analyst commented, "We make modest changes to our ests., though remain well ahead (+14%) of Street '23 EPS ests. post TAP's strong 2Q.... More
Molson Coors Brewing (TAP) Tops Q2 EPS by 25c
July 29, 2021 7:09 AM EDTMolson Coors Brewing (NYSE: TAP) reported Q2 EPS of $1.58, $0.25 better than the analyst estimate of $1.33. Revenue for the quarter came in at $2.94 billion versus the consensus estimate of $2.81 billion. Underlying (Non-GAAP) EBITDA of $697.8 million decreased 1.3% in constant currency.
Gavin Hattersley, President and Chief Executive... More
