Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Five Trail, Hop Valley brands, Leinenkugel's, Madri, Miller Genuine Draft, Molson Ultra, Sharp's, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.

Molson Coors Beverage Company

Boston Beer (SAM) came out with quarterly earnings of $4.25 per share, beating the Zacks Consensus Estimate of $3.78 per share. This compares to earnings of $5.35 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +12.43%. A quarter ago, it was expected that this brewer would post earnings of $4.37 per share when it actually produced earnings of $5.45, delivering a surprise of +24.71%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Boston Beer, which belongs to the Zacks Beverages - Alcohol industry, posted revenues of $537.49 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 0.81%. This compares to year-ago revenues of $605.48 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Boston Beer shares have lost about 27.1% since the beginning of the year versus the S&P 500's gain of 13.9%.
What's Next for Boston Beer?
While Boston Beer has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Boston Beer was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$2.04 on $385.3 million in revenues for the coming quarter and $9.42 on $1.97 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Beverages - Alcohol is currently in the bottom 15% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Molson Coors Brewing (TAP), another stock in the same industry, has yet to report results for the quarter ended September 2025. The results are expected to be released on November 4.
This beer maker is expected to post quarterly earnings of $1.75 per share in its upcoming report, which represents a year-over-year change of -2.8%. The consensus EPS estimate for the quarter has been revised 3.9% lower over the last 30 days to the current level.
Molson Coors Brewing's revenues are expected to be $3.06 billion, up 0.5% from the year-ago quarter.
Should You Invest in The Boston Beer Company, Inc. (SAM)?
Before you invest in The Boston Beer Company, Inc. (SAM), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Boston Beer (SAM) Tops Q3 Earnings Estimates

Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Molson Coors Beverage Co (Symbol: TAP) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.88), with the stock changing hands as low as $46.80 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF (SPY) back on 12/31/1999 — you would have paid $146.88 per share. Fast forward to 12/31/2012 and each share was worth $142.41 on that date, a decrease of $4.67/share over all those years. But now consider that you collected a whopping $25.98 per share in dividends over the same period, for a positive total return of 23.36%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.6%; so by comparison collecting a yield above 4% would appear considerably attractive if that yield is sustainable. Molson Coors Beverage Co (Symbol: TAP) is an S&P 500 company, giving it special status as one of the large-cap companies making up the S&P 500 Index.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Molson Coors Beverage Co, looking at the history chart for TAP below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 4% annual yield.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Molson Coors Beverage (TAP) Shares Cross 4% Yield Mark

(RTTNews) - Molson Coors Beverage Company (TAP, TAP.A) announced a corporate restructuring plan. The company plans to eliminate approximately 400 salaried positions across its Americas business by the end of December 2025 - including hundreds of salaried positions that were already open from role prioritization efforts put in place earlier in the year, and those who may be granted voluntary severance as part of this restructuring. The company noted that the plan is estimated to result in the reduction of approximately 9% of its Americas business salaried workforce.
The company currently expects to incur certain related charges in the range of $35 million to $50 million, substantially all of which relate to primarily cash severance payments and post-employment benefits to be incurred in the fourth quarter of 2025.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Molson Coors Beverage To Cut Approx. 9% Of Its Americas Business Salaried Workforce

Investors in Molson Coors Beverage Co (Symbol: TAP) saw new options become available today, for the December 19th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the TAP options chain for the new December 19th contracts and identified the following call contract of particular interest.
The call contract at the $47.50 strike price has a current bid of 25 cents. If an investor was to purchase shares of TAP stock at the current price level of $46.67/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $47.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 2.31% if the stock gets called away at the December 19th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if TAP shares really soar, which is why looking at the trailing twelve month trading history for Molson Coors Beverage Co, as well as studying the business fundamentals becomes important. Below is a chart showing TAP's trailing twelve month trading history, with the $47.50 strike highlighted in red:
Considering the fact that the $47.50 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 51%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 0.54% boost of extra return to the investor, or 3.05% annualized, which we refer to as the YieldBoost.
The implied volatility in the call contract example above is 33%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $46.67) to be 25%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Interesting TAP Call Options For December 19th

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the iShares S&P 500 Value ETF (Symbol: IVE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $228.54 per unit.
With IVE trading at a recent price near $202.52 per unit, that means that analysts see 12.85% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of IVE's underlying holdings with notable upside to their analyst target prices are Molson Coors Beverage Co (Symbol: TAP), PTC Inc (Symbol: PTC), and State Street Corp. (Symbol: STT). Although TAP has traded at a recent price of $45.97/share, the average analyst target is 15.91% higher at $53.28/share. Similarly, PTC has 15.37% upside from the recent share price of $196.90 if the average analyst target price of $227.17/share is reached, and analysts on average are expecting STT to reach a target price of $127.26/share, which is 14.65% above the recent price of $111.00. Below is a twelve month price history chart comparing the stock performance of TAP, PTC, and STT:
Below is a summary table of the current analyst target prices discussed above:
Name
Symbol
Recent Price
Avg. Analyst 12-Mo. Target
% Upside to Target
iShares S&P 500 Value ETF
IVE
$202.52
$228.54
12.85%
Molson Coors Beverage Co
TAP
$45.97
$53.28
15.91%
PTC Inc
PTC
$196.90
$227.17
15.37%
State Street Corp.
STT
$111.00
$127.26
14.65%
Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Analysts Anticipate IVE To Hit $229

Key Points
Consumer staples and food and beverage stocks are supposed to be effective defensive holdings during uncertain times.
The defensive thesis that food companies will remain stable because "people always have to eat" has been sorely tested by the tariff turmoil.
Some of the largest food and beverage stocks in the world have trailed the S&P 500 by as much as 50% since early April.
Contrary to conventional wisdom at the time, the stock market's sharp sell-off after President Donald Trump unveiled his "liberation day" tariffs on April 2 was relatively brief, and Wall Street recovered to a series of new highs over the six months that followed. But one segment that didn't benefit much from that tailwind was the typically defensive consumer staples sector. The Consumer Staples Select Sector SPDR Trust (NYSEMKT: XLP) -- a benchmark for the sector -- has underperformed the large-cap S&P 500 index by more than 30 percentage points since early April, putting it dead last among the 11 major economic sectors. As of the close of trading on Oct. 3, the consumer staples sector was up by around 0.1% year to date, compared to a 33.7% gain for the S&P 500.
The six-month washout in the staples sector has been sweeping. Only two of the trust's 37 components have outperformed the S&P 500 since the tariff announcements -- Estée Lauder Companies, with its eye-popping 67% rebound, and Archer-Daniels-Midland, which jumped 44%. Otherwise, the slump within the sector has been brutal, with 16 of the trust's 37 stocks down by 10% or more since the tariff period began. The Motley Fool has continued to track what size tariffs Trump is imposing on each U.S. trading partner, but how those import taxes will affect specific American businesses has not yet become fully clear.
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Food and beverage fallout
If you take a quick look through the 10 hardest-hit consumer staples stocks since April, you'll notice that nine of them are in either the food, beverage, or household products industries, with the lone exception being Tylenol maker Kenvue -- a personal-care stock which, of course, suffered its own Trump-related crisis last month.
If you remove Kenvue, the top five tariff tumblers remaining are all in the food and beverage groups, and all down at least 19% in the past six months.
1. Constellation Brands (NYSE: STZ): down 19%
The importer and U.S. distributor of the popular Corona and Modelo beer brands -- and owner of a host of wine and spirits brands -- just reported results for its fiscal 2026 second quarter, which ended Aug. 31; operating income and net sales were down 13% and 15%, respectively, year over year.
In their commentary on the beverage giant's quarter, Constellation's CEO and CFO mentioned the word "tariff" 13 times, including a reference to "unfavorable fixed cost absorption from lower volumes, increased COGS [cost of goods sold] (inclusive of aluminum tariffs), as well as marketing investments to support the health and equity of our brands."
2. Hormel Foods (NYSE: HRL): down 20%
During its earnings report for its fiscal 2025 third quarter (which ended July 27), the Minnesota-based food company expressed disappointment that its top-line results did not translate into bottom-line growth due to the "unanticipated surges in commodity input costs." While management said it expects continued sales growth this quarter, due in part to price increases, "we expect profit recovery to lag into next year, with the near-term pressures we experienced in the third quarter persisting through the fourth quarter."
3. Molson Coors Beverage (NYSE: TAP): down 25%
The multinational brewing giant's Q3 earnings report will arrive on Nov. 4, and investors are eager for updates on sales and pricing, as well as earnings and margins, in light of the increased packaging costs it faces from Trump's 50% tariff on aluminum.
During the company's Q2earnings callon Aug. 5, management referred to the "challenging and volatile macro environment," saying: "As a result of the uncertainty around the effects of geopolitical events and global trade and immigration policies, consumer sentiment in the U.S. has remained at relatively low historical levels. This has continued to pressure consumption trends."
4. Keurig Dr. Pepper (NASDAQ: KDP): down 25%
The company's second-quarter conference call on July 24 included 10 different references to tariffs. Management cautioned that "the balance of 2025 will present challenges in the form of rising cost pressures, including from tariffs, that remain highly fluid, as well as continued consumer caution."
More specifically, the company warned that its U.S. coffee segment would face some challenges in the second half of the year. "Commodity inflation will build as we roll into the back half and we roll into our higher cost hedges on green coffee. The tariff impacts will become prominent ... and put some additional pressure."
5. Conagra Brands (NYSE: CAG): down 30%
In its recently reported results for its fiscal Q1 2026, which ended Aug. 24, the packaged-food giant reported a 5.8% year-over-year drop in revenue and a 26% decline in adjusted earnings per share, but kept its full-year guidance in place. In its presentation to investors, the company noted that inflation and weak consumer sentiment remained headwinds, saying that it continues to "navigate a challenging environment," and that it's "still dealing with persistent inflation and tariffs, both of which have drifted higher than our original expectations."
Conagra also clarified that while it still expected its gross tariff exposure to be about 3% of its cost of goods sold, it was nudging its total expected inflation rate -- core inflation plus the impact of tariffs -- from "about 7%" previously to a figure in the low 7% range, noting additional drag from weak consumer sentiment and value-seeking behavior.
A trio of headwinds
For now, as earnings season reports begin to roll in, investors will be highly tuned in to any updates from the front lines concerning a trio of interrelated challenges. These will be the costs of tariffs to businesses after whatever easy adjustments that are possible have been made, the effects of rising inflation on materials and supplies, and the impacts of an increasingly cautious consumer environment during the critical holiday quarter.
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Matthew Nesto has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Kenvue. The Motley Fool recommends Constellation Brands and recommends the following options: long January 2026 $13 calls on Kenvue. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

5 Consumer Staples Stocks That Are Feeling the Effects of President Trump's Tariffs

Fintel reports that on October 9, 2025, Citigroup maintained coverage of Molson Coors Beverage (NYSE:TAP) with a Neutral recommendation.
Analyst Price Forecast Suggests 22.26% Upside
As of September 29, 2025, the average one-year price target for Molson Coors Beverage is $56.26/share. The forecasts range from a low of $42.42 to a high of $75.60. The average price target represents an increase of 22.26% from its latest reported closing price of $46.02 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Molson Coors Beverage is 11,112MM, a decrease of 1.52%. The projected annual non-GAAP EPS is 4.63.
What is the Fund Sentiment?
There are 1,321 funds or institutions reporting positions in Molson Coors Beverage. This is an decrease of 76 owner(s) or 5.44% in the last quarter. Average portfolio weight of all funds dedicated to TAP is 0.20%, an increase of 13.99%. Total shares owned by institutions decreased in the last three months by 1.06% to 204,605K shares. The put/call ratio of TAP is 1.08, indicating a bearish outlook.
What are Other Shareholders Doing?
Dodge & Cox holds 14,396K shares representing 7.77% ownership of the company. In its prior filing, the firm reported owning 14,068K shares , representing an increase of 2.28%. The firm decreased its portfolio allocation in TAP by 20.30% over the last quarter.
DODGX - Dodge & Cox Stock Fund holds 10,301K shares representing 5.56% ownership of the company. In its prior filing, the firm reported owning 10,532K shares , representing a decrease of 2.24%. The firm decreased its portfolio allocation in TAP by 25.02% over the last quarter.
Lsv Asset Management holds 6,103K shares representing 3.29% ownership of the company. In its prior filing, the firm reported owning 6,369K shares , representing a decrease of 4.37%. The firm decreased its portfolio allocation in TAP by 26.18% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 5,514K shares representing 2.97% ownership of the company. In its prior filing, the firm reported owning 5,389K shares , representing an increase of 2.28%. The firm decreased its portfolio allocation in TAP by 27.87% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 4,862K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 4,783K shares , representing an increase of 1.63%. The firm decreased its portfolio allocation in TAP by 28.65% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Citigroup Maintains Molson Coors Beverage (TAP) Neutral Recommendation

Fintel reports that on April 6, 2023, UBS maintained coverage of Molson Coors Beverage (NYSE:TAP) with a Neutral recommendation.
Analyst Price Forecast Suggests 6.80% Upside
As of April 6, 2023, the average one-year price target for Molson Coors Beverage is $56.07. The forecasts range from a low of $47.47 to a high of $71.40. The average price target represents an increase of 6.80% from its latest reported closing price of $52.50.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Molson Coors Beverage is $11,038MM, an increase of 3.15%. The projected annual non-GAAP EPS is $4.16.
Molson Coors Beverage Declares $0.41 Dividend
On February 20, 2023 the company declared a regular quarterly dividend of $0.41 per share ($1.64 annualized). Shareholders of record as of March 3, 2023 received the payment on March 17, 2023. Previously, the company paid $0.38 per share.
At the current share price of $52.50 / share, the stock's dividend yield is 3.12%. Looking back five years and taking a sample every week, the average dividend yield has been 3.18%, the lowest has been 2.23%, and the highest has been 6.60%. The standard deviation of yields is 0.84 (n=182).
The current dividend yield is 0.07 standard deviations below the historical average.
Additionally, the company's dividend payout ratio is -2.02. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.28%.
What are Other Shareholders Doing?
Citizens Business Bank holds 67K shares representing 0.03% ownership of the company. In it's prior filing, the firm reported owning 67K shares, representing a decrease of 0.62%. The firm decreased its portfolio allocation in TAP by 99.93% over the last quarter.
Butensky & Cohen Financial Security holds 81K shares representing 0.04% ownership of the company. In it's prior filing, the firm reported owning 65K shares, representing an increase of 19.32%. The firm increased its portfolio allocation in TAP by 18.28% over the last quarter.
BRITISH COLUMBIA INVESTMENT MANAGEMENT holds 17K shares representing 0.01% ownership of the company. In it's prior filing, the firm reported owning 18K shares, representing a decrease of 5.31%. The firm decreased its portfolio allocation in TAP by 1.00% over the last quarter.
North Star Investment Management holds 0K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 0K shares, representing an increase of 3.33%. The firm decreased its portfolio allocation in TAP by 0.04% over the last quarter.
New York State Teachers Retirement System holds 237K shares representing 0.11% ownership of the company. In it's prior filing, the firm reported owning 237K shares, representing an increase of 0.02%. The firm increased its portfolio allocation in TAP by 1.49% over the last quarter.
What is the Fund Sentiment?
There are 1164 funds or institutions reporting positions in Molson Coors Beverage. This is an increase of 2 owner(s) or 0.17% in the last quarter. Average portfolio weight of all funds dedicated to TAP is 0.22%, a decrease of 5.27%. Total shares owned by institutions increased in the last three months by 1.18% to 208,914K shares. The put/call ratio of TAP is 0.35, indicating a bullish outlook.
Molson Coors Beverage Background Information
(This description is provided by the company.)
For over two centuries Molson Coors has been brewing beverages that unite people for all of life’s moments. From Coors Light, Miller Lite, Molson Canadian, Carling, and Staropramen to Coors Banquet, Blue Moon Belgian White, Blue Moon LightSky, Vizzy, Leinenkugel’s Summer Shandy, Creemore Springs and more, Molson Coors produces some of the most beloved and iconic beer brands ever made. While the company’s history is rooted in beer, Molson Coors offers a modern portfolio that expands beyond the beer aisle as well. The company’s commitment to raising industry standards and leaving a positive imprint on its employees, consumers, communities and the environment is reflected in its Imprint and its 2025 sustainability targets.
See all Molson Coors Beverage regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

UBS Maintains Molson Coors Beverage (TAP) Neutral Recommendation

Constellation Brands (STZ) came out with quarterly earnings of $3.63 per share, beating the Zacks Consensus Estimate of $3.37 per share. This compares to earnings of $4.32 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +7.72%. A quarter ago, it was expected that this wine, liquor and beer company would post earnings of $3.34 per share when it actually produced earnings of $3.22, delivering a surprise of -3.59%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Constellation Brands, which belongs to the Zacks Beverages - Alcohol industry, posted revenues of $2.48 billion for the quarter ended August 2025, surpassing the Zacks Consensus Estimate by 0.98%. This compares to year-ago revenues of $2.92 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Constellation Brands shares have lost about 35.7% since the beginning of the year versus the S&P 500's gain of 14.2%.
What's Next for Constellation Brands?
While Constellation Brands has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Constellation Brands was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.79 on $2.2 billion in revenues for the coming quarter and $11.50 on $9.08 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Beverages - Alcohol is currently in the bottom 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Molson Coors Brewing (TAP), is yet to report results for the quarter ended September 2025. The results are expected to be released on November 4.
This beer maker is expected to post quarterly earnings of $1.81 per share in its upcoming report, which represents a year-over-year change of +0.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Molson Coors Brewing's revenues are expected to be $3.07 billion, up 0.9% from the year-ago quarter.
Should You Invest in Constellation Brands Inc (STZ)?
Before you invest in Constellation Brands Inc (STZ), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Constellation Brands (STZ) Beats Q2 Earnings and Revenue Estimates

Investors in Molson Coors Beverage Company TAP need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 17, 2025 $85.00 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Molson Coors, but what is the fundamental picture for the company? Currently, Molson Coors is a Zacks Rank #5 (Strong Sell) in the Beverages- Alcohol industry that ranks in the Bottom 21% of our Zacks Industry Rank. Over the last 60 days, no analyst has increased his estimate for the current quarter, while five have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from $2.08 per share to $1.81 in the same time period.
Given the way analysts feel about Molson Coors now, this huge implied volatility could mean there’s a trade developing. Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
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