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Molson Coors Cuts Outlook, CEO Calls Beer Market Slump 'Cyclical'
Molson Coors Beverage Company (NYSE:TAP) reported second-quarter results on Tuesday, with adjusted earnings per share of $2.05, beating the analyst consensus estimate of $1.86. Quarterly sales of $3.201 billion beat the Street view of $3.
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Molson Coors (TAP) delivered earnings and revenue surprises of +12.02% and +2.61%, respectively, for the quarter ended June 2025. Do the numbers hold clues to what lies ahead for the stock?
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The outlooks were overshadowed by a slight rise in profit and higher-than-expected sales in the second quarter, which edged shares higher in morning trading Tuesday. The stock was recently up 0.7%, to ...
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