Molson Coors Beverage Company (TAP) has seen shares divestment by Bessemer Group Inc. amidst technical pivots and risk controls. The company however, continues to maintain regular quarterly dividends. Upcoming Q1 2025 earnings release on May 8 is expected to offer key financial updates. Nevertheless, the EPS forecast for Q1 2025 was missed, leading to a fall in share prices. Hasbro's CEO joins the company's board, signaling potential digital innovation. The company reports Q1 2025 results and announces a 'category first' approach towards growth. They reported 2024 Q4 and full-year results amid maintaining a significant stock holding by KBC Group NV. Meanwhile, the company has introduced plans to accelerate growth with a long-term financial outlook. This coincides with Sumitomo Mitsui Trust Group Inc. growing their holdings in the company. While the company beat Q4 earning and sales estimates, their share price target was lowered by Wells Fargo. Institutional ownership heavily dominates Molson Coors with them holding up to 76% of shares. Despite 'volatile times' affecting their beer outlook, the company's profits saw a significant rise in Q2. Finally, the company continues to make necessary cuts amid the ongoing pandemic.
Molson Coors Beverage Company Class B TAP News Analytics from Tue, 19 Jun 2018 07:00:00 GMT to Fri, 04 Jul 2025 08:10:04 GMT -
Rating -5
- Innovation 1
- Information 4
- Rumor -4
