Core Viewpoint - AB InBev is expected to report year-over-year revenue and earnings growth for the third quarter of 2024, with a consensus estimate of $15.6 billion in revenues and earnings of 92 cents per share, reflecting a 0.2% and 7% increase respectively from the previous year [1][2]. Financial Performance - The Zacks Consensus Estimate for AB InBev's third-quarter revenues is $15.6 billion, indicating a 0.2% growth from the prior year's quarter [2]. - The consensus estimate for earnings is 92 cents per share, suggesting a 7% increase from the previous year's reported figure [2]. - In the last reported quarter, AB InBev's earnings per share exceeded the Zacks Consensus Estimate by 7.1%, with an average positive earnings surprise of 5.9% over the last four quarters [3]. Earnings Prediction Model - The current Zacks model does not predict a definitive earnings beat for AB InBev, as it holds a Zacks Rank of 3 (Hold) and an Earnings ESP of -0.27% [4]. Growth Drivers - AB InBev is expected to benefit from premiumization efforts and positive industry trends, focusing on premium beer offerings that align with consumer preferences [5]. - The company has been building a diverse portfolio of global, international, craft, and specialty premium brands, which is anticipated to contribute to revenue growth [5]. - Demand for AB InBev's brand portfolio, along with effective pricing strategies and digital transformation, has supported revenue growth in recent quarters [6][8]. Market Trends - Management has predicted that positive business trends will continue throughout 2024, estimating a 1.5% revenue increase for Q3 2024, with a 2.4% year-over-year growth in revenue per hectoliter [7]. - The resilience in the global beer category is expected to positively impact AB InBev's performance in the third quarter [6]. Cost Pressures - The anticipated third-quarter results may reflect the impacts of elevated commodity cost inflation and increased supply-chain expenses, leading to higher costs of goods sold [9]. - Rising SG&A expenses due to increased business investments and higher operating costs are expected to pressure AB InBev's EBITDA margin [9]. Valuation and Stock Performance - AB InBev is trading at a forward 12-month price-to-earnings ratio of 17.35X, which is below its five-year high of 25.58X and the industry average of 17.61X, indicating an attractive investment opportunity [10]. - Over the past three months, AB InBev shares have risen by 19.1%, contrasting with a 0.9% decline in the industry [11].

America's Leading Brewer Continues Ongoing Investments in its U.S. Manufacturing Capabilities, Building on $2 Billion Spend over Last 5 Years  ST. LOUIS, Oct. 22, 2024 /PRNewswire/ -- Anheuser-Busch (NYSE:BUD), America's leading brewer and maker of Michelob ULTRA, Busch Light, Budweiser, and Bud Light, today announced a new $8 million investment in its St. Louis brewery. Over the last 5 years, Anheuser-Busch has invested nearly $2 billion in its facilities across the country to help create and sustain jobs ...

Anheuser-Busch InBev SA/NV (BUD) , alias AB InBev, is poised for growth, driven by sustained consumer demand for its brand portfolio. The company's growth trajectory has been bolstered by accelerated digital transformation, pricing actions, revenue management initiatives and ongoing premiumization efforts. BUD's relentless execution, investment in brands and accelerated digital transformation have been bolstering sales growth. The expansion of the Beyond Beer portfolio, and investments in B2B platforms, e-c ...

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Buffett-style value picks fit for the modern investor | Top 95th percentile of financial bloggers according to TipRanks.Six years of long-horizon investment portfolio management and consulting. I focus on creating portfolio value through synergetic stock picks and ETFs to create robust and profitable value generation solutions. I do not provide or publish investment advice on Seeking Alpha. My articles are opinion pieces only and are not soliciting any content or security. Opinions expressed in my articles ...

Following last year's controversy, which led to a wide-scale boycott of its products and subsequent declines in the price of its stocks, Bud Light beer manufacturer Anheuser-Busch InBev (NYSE: BUD) seems to be turning a new page, and analysis have updated their price targets for BUD shares. Specifically, Bud Light's parent amnounced it was expanding its production "beyond beer" and boosting the capacity for beverages like Cutwater and Nitrl vodka seltzer, its two ready-to-drink canned cocktails, as well as ...

Budweiser cans are seen at the grocery store in Las Vegas, United States on November 17, 2023. ... [+] (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Anheuser-Busch InBev stock (NYSE: BUD) has barely seen a 10% rise in value since early January 2023 – rising from levels of $58 then to $63 now – vs. an increase of 50% for the S&P 500 over this period. In comparison, its peer – Diageo stock (NYSE: DEO) – has seen a 20% fall over this period. The rise in BUD stock can primarily b ...

Brewer's Latest Investment Strengthens Local Economy and Brewing Excellence with Multimillion-Dollar Commitment LOS ANGELES, Sept. 25, 2024 /PRNewswire/ -- Anheuser-Busch (NYSE:BUD), America's leading brewer and maker of Michelob ULTRA, Busch Light, Budweiser and Bud Light, today announced a new $16 million investment in its Los Angeles brewery. Over the past 5 years, Anheuser-Busch has invested nearly $2 billion in its facilities across the country to help create and sustain jobs and drive economic prosper ...

Michael James McDonald is a stock market forecaster, author and former Senior Vice President of Investments at what is now Morgan Stanley. He is a long-term advocate of the theory of contrary opinion and the measurement of investor sentiment when forecasting price direction.His first book, " A Strategic Guide to the Coming Roller Coaster Market" was published in June of 2000, three months before the top of the dot comm market. On its cover was written, "How a new model of the stock market predicts the end o ...

Anheuser-Busch InBev SA/NV (BUD) , alias AB InBev, has shown steady growth in the stock market, with its shares surpassing the broader industry and the S&P 500 in the past three months. This positive trend has been driven by the company's unwavering commitment to enhancing its brands through diverse beer offerings, aligning with the industry's shift toward premium products. AB InBev is well-positioned to benefit from the expansion of its Beyond Beer portfolio and its investments in B2B platforms, e-commerce ...