Core Insights - Heineken's shares surged by 13.9% following the release of better-than-expected year-end earnings and a significant stock buyback announcement [1] - The company reported diluted earnings per share (EPS) of $5.07 on sales of $37.3 billion for 2024, with an operating profit increase of 8.3% year over year, exceeding analysts' expectations [2] - Heineken achieved a 1.6% growth in overall beer volume, with a notable 10% increase in nonalcoholic beer volume, successfully expanding sales in both developed and emerging markets [3] - The company plans to execute share repurchases totaling $1.55 billion over the next two years, which is expected to enhance shareholder value [4] - Heineken's "EverGreen" strategy aims to adapt to changing consumer preferences by focusing more on nontraditional products like nonalcoholic beer [4]

Company Overview - Heineken N.V. brews and sells beer and cider across various regions including the Americas, Europe, Africa, the Middle East, Eastern Europe, and the Asia Pacific, and also provides soft drinks and water [2] Earnings Estimates - Several analysts on Wall Street have recently cut their earnings estimates for Heineken, leading to a decrease in the Zacks Consensus Estimate for the current year from $2.87 to $2.66, and for next year from $3.21 to $2.94 [3] Industry Ranking - Heineken is positioned in the Beverages – Alcohol Peers industry, which ranks in the Bottom 3% of the Zacks Industry Rank. In contrast, Kirin is noted as a Zacks Rank 2 (Buy) stock within the same industry, while Molson Coors is categorized as Zacks Rank 3 (Hold) [4]

Group 1 - The article discusses the author's long position in shares of HEINY, TAP, and CABGY, indicating a positive outlook on these companies [1] - It emphasizes that the author is not a licensed financial advisor and that the content should not be considered financial advice [2] - The article highlights the importance of due diligence and research by investors before making any investment decisions [2] Group 2 - The article notes that past performance is not indicative of future results, stressing the uncertainty in investment outcomes [3] - It clarifies that the views expressed may not represent those of Seeking Alpha as a whole, indicating a diversity of opinions among analysts [3] - The article mentions that analysts may not be licensed or certified, which could affect the credibility of the investment insights provided [3]

HEINEKEN Heineken N.V. 2024 Q3 Trading Update Harold van den Broek, CFO Disclaimer This presentation contains forward-looking statements based on current expectations and assumptions with regards to the financial position and results of HEINEKEN's activities, anticipated developments and other factors. All statements other than statements of historical facts are, or may be deemed to be, forward-looking statements. Forward-looking statements also include, but are not limited to, statements and information in ...

Following the just-released Q3 printout, our team is back to analyze Heineken ( OTCQX:HEINY ). In our last assessment, we reported how we were Preferring Fundamentals Over Short-Term Miss . The company reiterated its outlook today, but Heineken’s stock price is stillBuy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of ...

  Heineken N.V. reports on 2024 third-quarter trading Amsterdam, 23 October 2024 – Heineken N.V. (HEIA; HEINY) publishes its third quarter 2024 trading update.     Key Quarterly Highlights           Revenue €9,072 million for the quarter, €26,895 million year to dateNet revenue (beia) organic growth 3.3% for the quarter, 5.1% year to dateBeer volume organic growth 0.7% for the quarter, 1.6% year to datePremium beer volume organic growth 4.5% for the quarter, 4.9% year to dateHeineken® volume growth ...

Barry Can't Swim has teamed up with Heineken® to encourage fans to put their hands, not phones in the air at one of October's biggest music events ADE. Heineken installed innovative technology that delivered a hidden message only visible on phone screens during the opening party at The Loft, headlined by Barry Can't Swim. Follows research that reveals 41% of Gen Z and Millennials find it frustrating to see a crowd of phones in the air when out at a gig or concert. To help people better enjoy times IRL with ...

HOUSTON, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Aggreko, a global leader in energy solutions, announces the company's return as the Official Temporary Power Partner of the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX 2024 as part of the multi-year agreement. Following its successful support of the inaugural race in 2023, Aggreko will again power the nighttime race on November 21-23, set in the heart of the Las Vegas Strip. Aggreko's return to the Las Vegas Grand Prix comes just as the company announces a multi ...

wallix/iStock Editorial via Getty Images Despite reporting softer volumes in some of its key emerging markets, I thought global brewer Heineken (OTCQX:HEINY)(OTCQX:HINKF) was good value when I covered it last October. Granted, the global beer market doesn't have the best growth prospects out there - low single-digits per annum is as good as it gets - but with Heineken well-positioned towards pockets of higher long-term growth, a then-multiple of around 17x EPS looked like a reasonable deal. The stock's perf ...

AMSTERDAM, Aug. 02, 2024 (GLOBE NEWSWIRE) -- This International Beer Day, Heineken® has created an emotive ad with an unexpected message: that you can forget about the beer; instead, the brewer wants you to focus on having a good time together. "Want to grab a beer? ¿Te apetece una cerveza? On va boire une bière?" - recognised the world over as a "catch all phrase" for getting together, Heineken® doesn't mind if in the end you forget about the beer; as long as you are prioritising socialising. With sociabil ...