Molson Coors Brewing (TAP) Reports In-Line Q2 EPS; Reaffirms

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Go back to Molson Coors Brewing (TAP) Reports In-Line Q2 EPS; Reaffirms

Molson Coors Brewing (TAP) Tumbles But Analyst Sees Signs Of Improvement

August 2, 2022 12:43 PM EDT

Molson Coors Brewing (NYSE: TAP) shares are down more than 10% Tuesday after it posted earnings with profit in-line with expectations and revenue missing forecasts as macroeconomic impacts weigh on demand.

The company reported second-quarter earnings per share of $1.19, in-line with the analyst estimates of $1.19, while revenue for the quarter came in at $2.92... More