Nov 4 (Reuters) - Beer maker Molson Coors ( TAP/A ) missed

Wall Street estimates for third-quarter results on Tuesday,

owing to softening demand for alcohol across the U.S. and Europe

and tariff-driven costs of aluminum cans.

Molson Coors ( TAP/A ), like rival Constellation Brands ( STZ ), has

battled tepid demand due to high prices and growing concerns

about health effects among consumers.

Rising prices of beer can raw material aluminum due to

tariffs have also squeezed margins at these companies.

The maker of beers including Coors Light and Miller Lite

also took a hit from the loss of contract brewing volumes, which

prompted a $3.65 billion partial goodwill writedown in its

Americas unit during the third quarter. It also booked charges

tied to underperforming brands and flagged increased

competition, particularly in the U.S., where volumes fell.

Brand volume fell 4.5% in the quarter, with declines of 4.4%

in the Americas region and 5% in Europe, the Middle East, Africa

and Asia-Pacific.

The company now expects its 2025 sales and profit forecast

to come in at the lower end of its prior target.

Net sales for the year is forecast to decline 3% to 4% and

adjusted earnings per share to fall between 7% and 10%.

The company's net sales dropped 2.3% to $2.97 billion in the

quarter ended September 30, missing analysts' average estimate

of $3.03 billion, according to data compiled by LSEG.

It posted a 7.2% fall in quarterly underlying profit per

share to $1.67, below estimates of $1.70 per share.