What to Expect From Molson Coors Beverage Company’s Q4 Results?
<p>Analysts at Deutsche Bank provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/TAP'>Molson Coors Beverage Company (NYSE:TAP) </a>ahead of the company’s Q4 results, which will be reported on Feb 23. </p>
<p>Similar to Q3, the analysts see continued channel normalization toward the on-premise across the company's end-markets, incremental pricing and premiumization efforts, and shipment timing tailwinds benefiting the company's top-line.</p>
<p>The analysts generally view the Q4 consensus revenue estimate as reasonable, but don’t see a potential downside to gross margin as input cost pressures, distribution costs, and supply chain bottlenecks continue to lead pricing and productivity offsets. </p>
<p>Despite these challenges and the company's plan to reinvest in marketing ahead of Q4/19 levels, the analysts expect modestly better EBITDA than consensus, as the company strictly manages non-marketing SG&A spend.</p>

NYSE:TAP