Molson Coors Beverage (TAP) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.46
- Estimate
- $1.45
- Surprise
- +0.4%
- Revenue (period 2026-09-30)
- $3.40B
- Score today
- 4.5/10
Revenue source: xbrl.
How the report landed
Molson Coors Beverage (TAP) beat the $1.45 estimate with adjusted EPS of $1.46 — effectively in line (0.4%).
Coverage in the report window
- Piper Sandler Maintains Neutral on Molson Coors Beverage, Lowers Price Target to $43 — benzinga, 2026-11-06
- Wells Fargo Downgrades Molson Coors Beverage to Underweight, Lowers Price Target to $36 — benzinga, 2026-11-06
- Molson Coors Exec Says Soft Industry Volume Trends In Us And EMEA, APAC Will Persist Through The Remainder Of 2026; Prom — benzinga, 2026-11-05
Where TrendMatrix's rating stands now
TrendMatrix currently rates TAP Sell at 4.5/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +0.4% surprise compares with a +20.1% four-quarter average.
What argues against it
- Target reached (-3.5% upside)
- Quality below floor (2.9 < 4.0)
- Value-trap signals (2/5): Margin compression (op margin 4.2%), Negative free cash flow
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $40.68
- Stop
- $37.83
At 9.2× trailing and 8.8× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-11-06 — shown for context, not personalized investment advice.
TAP at TrendMatrix's latest read
Defensive staples are judged on margin resilience: pricing power against input costs matters more here than top-line drama.
- Industry
- Beverages - Brewers
- Market cap
- $7.87B
- P/E (fwd)
- 8.8
- P/E (ttm)
- 9.2
- 52-week range
- $35.52–$54.82
- Off 52-week high
- 25.8%
- RSI (14)
- 54
- Volume vs avg
- 0.42×
- Score today
- 4.5/10