Filing Flows › Molson Coors Beverage (TAP) › Guidance history
Molson Coors Beverage (TAP) guidance history: what it guided and what it reported
Molson Coors Beverage gave guidance in 12 earnings releases on file since Feb 13, 2024. Its releases raised guidance twice and lowered it once.
Adjusted tax rate
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 22.0%–24.0% (Feb 18, 2026) → reaffirmed 22.0%–24.0% (Apr 30, 2026) → reaffirmed 22.0%–24.0% (Aug 6, 2026) → reaffirmed 22.0%–24.0% (Nov 5, 2026) | — | to be reported | — |
| FY2025 | 22.0%–24.0% (Feb 13, 2025) → reaffirmed 22.0%–24.0% (May 8, 2025) → reaffirmed 22.0%–24.0% (Aug 5, 2025) → reaffirmed 22.0%–24.0% (Nov 4, 2025) | — | — | — |
| FY2024 | 23.0%–25.0% (Apr 30, 2024) → reaffirmed 23.0%–25.0% (Aug 6, 2024) → reaffirmed 23.0%–25.0% (Nov 7, 2024) | — | — | — |
EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $5.00 (Apr 30, 2024) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $650M (Feb 18, 2026) → reaffirmed $650M (Apr 30, 2026) → reaffirmed $650M (Aug 6, 2026) → reaffirmed $650M (Nov 5, 2026) | — | to be reported | — |
| FY2025 | $750M (Feb 13, 2025) → lowered $650M (May 8, 2025) → reaffirmed $650M (Aug 5, 2025) → reaffirmed $650M (Nov 4, 2025) | $717M (GAAP) | not judged | — |
| FY2024 | $750M (Apr 30, 2024) → reaffirmed $750M (Aug 6, 2024) → reaffirmed $750M (Nov 7, 2024) | $674M (GAAP) | not judged | — |
Interest expense
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $247M–$273M (Feb 18, 2026) → reaffirmed $247M–$273M (Apr 30, 2026) → reaffirmed $247M–$273M (Aug 6, 2026) → reaffirmed $247M–$273M (Nov 5, 2026) | — | to be reported | — |
| FY2025 | $204M–$226M (Feb 13, 2025) | — | — | — |
| FY2024 | $200M–$220M (Apr 30, 2024) → reaffirmed $200M–$220M (Aug 6, 2024) | — | — | — |
Adjusted free cash flow
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | $1.2B–$1.4B (Aug 5, 2025) | — | — | — |
The latest quarter
Molson Coors Beverage, Q3 2026: revenue $3.4B (-2% year over year), operating margin 11.5%, net earnings $272M, operating cash flow $460M. The chart follows the revenue to costs, profit and cash.
Questions
Does Molson Coors Beverage beat its guidance?
Molson Coors Beverage gave guidance in 12 earnings releases on file since Feb 13, 2024. Its releases raised guidance twice and lowered it once.
How often does Molson Coors Beverage raise guidance?
Its earnings releases raised guidance twice and lowered it once since Feb 13, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.