Key TakeawaysAnheuser-Busch InBev shares rose in intraday trading Wednesday after the Belgian beer giant reported revenue above expectations as higher prices offset slightly lower volumes.Sales grew in a number of regions internationally, but continued to fall year-over-year in North America.AB InBev's Bud Light lost its spot as the top-selling beer brand in the U.S. last year to Constellation Brands' Modelo Especial after a boycott stemming from its partnership with transgender influencer Dylan Mulvaney. A ...

Anheuser-Busch InBev SA/NV (BUD) , alias AB InBev, reported solid results in first-quarter 2024. The company’s revenues and earnings beat the Zacks Consensus Estimate and improved on a year-over-year basis.Top and bottom-line growth reflected a positive business momentum, owing to relentless execution, investment in its brands and accelerated digital transformation. Results also benefited from continued consumer demand for its brand portfolio. Backed by the ongoing business momentum, the company outlined it ...

Investors cheered the latest earnings trends out of the alcoholic-beverage giant.Shares of Anheuser Bush InBev (BUD 4.09%) beat the market early Wednesday as the stock rose 4% while the S&P 500 was flat. That result erased a portion of the alcoholic-beverage giant's recent losses, yet shares are still in negative territory for the year. InBev stock is down 3% year to date, compared to a 9% rally in the wider market.Wednesday's rally was sparked by good news in the company's Q2 earnings update, which was rel ...

Anheuser-Busch InBev SA/NV (BUD) Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Michel Doukeris - CEO Fernando Tennenbaum - CFO Conference Call Participants Rob Ottenstein - Evercore ISI Trevor Stirling - Bernstein Priya Ohri-Gupta - Barclays Edward Mundy - Jefferies Simon Hales - Citi Sanjeet Aujla - UBS Laurence Whyatt - Barclays Sarah Simon - Morgan Stanley Brett Cooper - Consumer Edge Operator Welcome to Anheuser-Busch InBev's First Quarter 2024 Earnings Conference Call and ...

Anheuser-Busch Inbev (BUD) reported $14.55 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 2.4%. EPS of $0.75 for the same period compares to $0.65 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $14.41 billion, representing a surprise of +0.97%. The company delivered an EPS surprise of +8.70%, with the consensus EPS estimate being $0.69.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

After March showed a promise of recovery for Anheuser-Busch InBev (NYSE: BUD), the parent company of Bud Light, which suffered a significant stock price decline due to a boycott triggered by a controversial marketing campaign, its newest earnings report has sparked optimism.Specifically, Anheuser-Busch InBev has published strong first-quarter performance results that saw a 2.6% increase in revenues and a better-than-expected earnings before interest, taxes, depreciation, and amortization (EBITDA) and volume ...

AB InBev, the brand behind Budweiser and Corona beers, reported their Q1 2024 financial results today.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Comparatively, year-on-year, the company saw less revenue growth year-on-year than in 2023, but underlying profits increased. Underlying profits upCopy link to sectionThe company’s underlying profit (that is, the profit attributable to equity holders excluding non-underlying items and hyperinflation) was ...

AB InBev Budweiser and Bud Light brand beer cans at a store in the Queens borough of New York on Feb. 28, 2024.Shares of Belgium's AB InBev rose 5% Wednesday morning after the company posted higher revenue and profit in the first quarter, as analysts said it had escaped the drag from a year-long boycott of its Bud Light brand relatively unscathed.The world's biggest brewer, whose brands include Corona and Stella Artois, notched a 2.6% revenue increase year-on-year to $14.55 billion in the first quarter, nar ...

Anheuser-Busch InBev SA/NV (BUD) , also known as AB InBev, is slated to release first-quarter 2024 earnings on May 8. The leading alcohol beverage company is likely to register year-over-year revenue and earnings growth when it reports first-quarter 2024 results.The Zacks Consensus Estimate for AB InBev’s first-quarter revenues is pegged at $14.4 billion, suggesting 1.4% growth from the year-ago quarter’s reported number. For first-quarter earnings, the consensus mark is pegged at 72 cents per share, sugges ...

Sell Any Rally Now and Grab These Passive Income Dividend Kings ptasha / iStock via Getty Images The stock market has been on a massive roll since last October. The S&P 500 and the Nasdaq finished the first quarter up over 10%, and the venerable Dow Jones Industrial added almost 6%. It was also a sweet first quarter for stock investors. However, some dark clouds may be on the horizon, and the first two trading weeks of the second quarter hinted at just that. Stocks got crushed as yields exploded double-di ...