Molson Coors' stock leaps as profit beat and outlook calls for further strength

Dow Jones

Feb 13, 2025

MW Molson Coors' stock leaps as profit beat and outlook calls for further strength

Shares of Molson Coors Beverage Co. $(TAP)$ ran up 5.1% in premarket trading Thursday, after the beer brewer beat quarterly profit and sales expectations, as higher prices helped offset continued volume declines.

The company also provided a full-year earnings outlook that guided for further growth, and was above Wall Street forecasts.

Underlying fourth-quarter earnings per share rose to $1.30 from $1.19, above the FactSet consensus of $1.13.

For 2025, the company targets underlying EPS growth in the high single-digit percentage range, while the current FactSet consensus of $5.97 is just 0.2% above 2024 EPS of $5.96.

This is breaking news. Check back for updates.

-Tomi Kilgore

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

February 13, 2025 06:45 ET (11:45 GMT)

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Check back for updates. \n</p>\n<p>\n     -Tomi Kilgore \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. 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Check back for updates. \n</p>\n<p>\n     -Tomi Kilgore \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 13, 2025 06:45 ET (11:45 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TAP","symbol_name":"莫库酒业","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2511546514","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2511546514","pubTimestamp":1739447100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Molson Coors Beverage Co.  ran up 5.1% in premarket trading Thursday, after the beer brewer beat quarterly profit and sales expectations, as higher prices helped offset continued volume declines.The company also provided a full-year earnings outlook that guided for further growth, and was above Wall Street forecasts.Underlying fourth-quarter earnings per share rose to $1.30 from $1.19, above the FactSet consensus of $1.13.For 2025, the company targets underlying EPS growth in the high single-digit percentage range, while the current FactSet consensus of $5.97 is just 0.2% above 2024 EPS of $5.96.This is breaking news. 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Check back for updates. \n\n\n     -Tomi Kilgore \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 13, 2025 06:45 ET (11:45 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}