Golden, Colorado-based Molson Coors Beverage Company (TAP) manufactures, markets, and sells beer and other malt beverage products under various brand names. With a market cap of $12.3 billion, Molson’s operations span the Americas, Europe, the Middle East, Africa, and the Indo-Pacific.
The beverage maker is set to unveil its first-quarter results before the markets open on Thursday, May 8. Ahead of the event, analysts forecast TAP to report an adjusted EPS of $0.81, representing a 14.7% decline from $0.95 reported in the year-ago quarter. On a positive note, the company surpassed analysts’ bottom-line projections in each of the past four quarters by a notable margin.
