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]
Bear of the Day: Heineken (HEINY)