Budweiser Brewer AB InBev Hits Profit Forecasts
The brewer beat Wall Street estimates as revenue rose 16.51 billion dollars, while higher commodity and transport costs pressured margins.
- On Thursday, Anheuser-Busch InBev reported third-quarter profit of $1.6 billion, with revenue reaching $16.51 billion and exceeding Wall Street expectations.
- Organic operating profit rose 3.9% during the quarter, although rising commodity costs offset top-line growth in certain markets, contracting margin 34 basis points to 36.1%.
- Adjusted earnings reached $1.21 per share, beating the $1.14 estimate from Zacks Investment Research. The maker of Stella Artois and Budweiser reported 81 cents per-share profit, with stock rising 31% in the last 12 months.
- Higher distribution and transportation costs in the United States, Europe, and South Africa impacted performance. AB InBev also cited increased investments in sales and marketing as factors affecting quarterly profits.
- Consumer goods companies are increasing warnings about global economic impacts as the war in Iran drags on, with higher energy, diesel, and aluminum costs affecting the world's largest brewers.
12 Articles
12 Articles
Anheuser-Busch InBev, the world's largest beer maker, reported third-quarter sales that fell short of expectations. Although the company's revenue topped analysts' estimates, weaker beer consumption in the United States and China dampened the company's global growth, Bloomberg reported.
Reformatorisch Dagblad
AB InBev, the brewer behind brands such as Corona, Jupiler, and Stella Artois, posted higher revenue and profit in the third quarter. The volume of beverages sold increased only slightly, suggesting that the major brewer charged higher prices for its beer.
Anheuser-Busch Inbev: Q3 Earnings Snapshot – WTOP News
LEUVEN, Belgium (AP) — LEUVEN, Belgium (AP) — Anheuser Busch Inbev SA (BUD) on Thursday reported third-quarter profit of $1.6 billion. On a per-share basis, the Leuven, Belgium-based company said it had profit of 81 cents. Earnings, adjusted for non-recurring costs, were $1.21 per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share. The …
Budweiser brewer AB InBev hits Q3 profit forecast, but costs on the rise
By Emma Rumney LONDON, Oct 29 (Reuters) - Top brewer Anheuser-Busch InBev on Thursday posted third-quarter profits in line with forecasts, but said rising commodity costs had dragged on its gains in a number of markets. Consumer goods companies have ...
(Teleborsa) - AB InBev has closed the third quarter 2026 with organic growth revenues of 4.9%, thanks to an increase of 4.2% of revenues per wento, supported by premiumization and non-food drinks.
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
