Molson Coors Brewing Co Class B (TAP) Earnings
Should You Buy TAP Before Earnings?
Based on the last three years of earnings reports, buying TAP stock within four weeks before its earnings date yielded an average return of 1.43%.
The best time to buy before earnings was 21 days before, which yielded an average return of 2.60% by the earnings date. The worst time was 1 day before, which yielded an average return of 0.51%.
Report dates analyzed: Feb 9 2022 - Oct 31 2024*Disclaimer: Past performances is not a guarantee of future results.
Should You Buy TAP After Earnings?
Based on the last three years of earnings reports, on average, TAP has gone down -0.10% shortly after its earnings date. The stock bottoms around 7 day after earnings, where it is on average -0.62% lower than its closing price on the day of earnings.
Since TAP has typically gone down after earnings, it might be a good time to buy the dip if you believe in the stock long-term.
Report dates analyzed: Feb 9 2022 - Oct 31 2024*Disclaimer: Past performances is not a guarantee of future results.
Average Gains
The average return if you bought Molson Coors Brewing Co Class B before its earnings report and sold at close on its earnings day.
Period | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of |
---|---|---|---|---|---|---|
Past 4 Earnings | -0.25% | -0.50% | 0.34% | 0.00% | 0.00% | 0.00% |
Past 8 Earnings | 1.88% | 2.09% | 1.11% | 0.81% | 0.52% | -0.48% |
Past 12 Earnings | 2.17% | 2.60% | 1.17% | 0.72% | 0.51% | -0.20% |
TAP Earnings History
Report Date | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of | 1 Day After | 7 Days After | 14 Days After | 21 Days After | 28 Days After |
---|---|---|---|---|---|---|---|---|---|---|---|
2024-10-31 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-07-30 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-04-30 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-02-19 | 62.73 -0.99% | 63.39 -2.02% | 61.28 1.35% | 62.11 0.00% | 62.11 0.00% | N/A | N/A | N/A | N/A | N/A | N/A |
2023-10-30 | 62.61 -8.90% | 59.13 -3.54% | 59.26 -3.75% | 57.62 -1.01% | 56.75 0.51% | 57.04 -0.30% | 57.77 1.28% | 59.40 4.14% | 58.51 2.58% | 59.00 3.44% | 60.24 5.61% |
2023-07-31 | 66.61 4.74% | 65.53 6.47% | 67.99 2.62% | 69.85 -0.12% | 70.55 -1.11% | 69.77 -0.49% | 66.52 -4.66% | 65.02 -6.81% | 64.48 -7.58% | 62.78 -10.02% | 62.89 -9.86% |
2023-05-01 | 52.12 15.98% | 53.15 13.74% | 56.98 6.09% | 58.29 3.71% | 59.48 1.63% | 60.45 1.65% | 65.08 7.66% | 64.47 6.65% | 63.70 5.38% | 62.45 3.31% | 60.64 0.31% |
2023-02-21 | 51.47 4.24% | 52.58 2.04% | 52.30 2.58% | 51.65 3.87% | 52.02 3.13% | 53.65 -4.67% | 52.97 -1.27% | 53.19 -0.86% | 52.84 -1.51% | 51.85 -3.36% | 50.91 -5.11% |
2022-10-26 | 48.32 3.60% | 48.46 3.30% | 48.76 2.67% | 48.31 3.62% | 50.57 -1.01% | 50.06 -1.07% | 49.87 -0.38% | 49.34 -1.44% | 49.76 -0.60% | 52.11 4.10% | 55.27 10.41% |
2022-07-27 | 55.36 6.43% | 55.23 6.68% | 58.25 1.15% | 57.89 1.78% | 58.12 1.38% | 58.92 1.45% | 59.04 0.20% | 54.19 -8.03% | 55.72 -5.43% | 55.68 -5.50% | 56.62 -3.90% |
2022-04-27 | 54.30 -0.13% | 50.76 6.84% | 54.29 -0.11% | 56.78 -4.49% | 54.17 0.11% | 54.23 0.11% | 55.10 1.60% | 53.24 -1.83% | 55.82 2.93% | 52.44 -3.30% | 54.33 0.18% |
Methodology
We analyzed the past three years of TAP's earnings reports to calculate the average change in price of the stock before and after earnings.
Before Earnings
For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of TAP on the day of the earnings report to calculate the return. The dates analyzed are:
- 28 days prior (4 weeks)
- 21 days prior (3 weeks)
- 14 days prior (2 weeks)
- 7 days prior (1 week)
- 1 day prior
This simulates an individual purchasing TAP stock on one of those days and selling on the day of the earnings report.
After Earnings
For calculating the average gains if you bought TAP stock on the day of earnings, we looked at the closing price of TAP on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:
- 1 day after
- 7 days after (1 week)
- 14 days after (2 weeks)
- 21 days after (3 weeks)
- 28 day after (4 weeks)
This simulates an individual purchasing TAP stock on the day of the earnings report and then selling on one of the dates following.
Day of
To calculate the gains on the day of earnings, we compared the opening price of TAP to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.
$TAP call the SEC
$TAP Reinvest your dividends
$TAP Holding Pattern
$TAP where’s the WSB guys at? Still sleeping?
$TAP Not another do nothing day
$TAP Guys when can we expect that 30% drop?
$TAP choo choo
$TAP good place to average up
$TAP Like if you’re a bull
$TAP has just been halted from trading.