Molson Coors Reports Higher Worldwide Volume, Gross Margin, Net Income and Underlying After-Tax Income for the First Quarter

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 9/19/2026

1. SPY
2. XENE
3. NUE
4. HUBS
5. RTB
6. ONON
7. AAPL
8. TRMD
9. ACN
10. AZN

Go back to Molson Coors Reports Higher Worldwide Volume, Gross Margin, Net Income and Underlying After-Tax Income for the First Quarter

Molson Coors Brewing Company (TAP) Raising PT To $119 - Stifel

May 4, 2016 9:58 AM EDT

Stifel analyst, Mark Swartzberg, raised revenue and margin estimates on Buy-rated Molson Coors (NYSE: TAP) causing a lift to the PT as well, which increased to $119 from $115.

Revenue and EPS estimates go up for increased sales, Canadian dollar appreciation, higher input... More

Molson Coors Brewing (TAP) Tops Q1 EPS by 11c

May 3, 2016 6:49 AM EDT

Molson Coors Brewing (NYSE: TAP) reported Q1 EPS of $0.54, $0.11 better than the analyst estimate of $0.43. Revenue for the quarter came in at $657.2 million versus the consensus estimate of $625.87 million.

Worldwide beer volume: 11.6 million hectoliters, increased 1.2%; Coors Light volume increased 3.5% worldwideNet sales: $657.2 million, decreased 6.1% on a reported basis, and increased 0.1% in constant currencyNet sales per HL: $114.32, decreased 8.0%, or decreased 1.9% in constant currencyU.S. GAAP net income from continuing operations attributable to MCBC: $159.3 million ($0.78 per diluted share), increased 101.1%Underlying after-tax income: $110.3 million ($0.54 per diluted share), increased... More