Anheuser-Busch Inbev (BUD) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Anheuser-Busch Inbev reported a revenue of $13.63 billion for Q1 2025, reflecting a year-over-year decline of 6.3% and an EPS of $0.81, up from $0.75 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $13.85 billion, resulting in a surprise of -1.61%, while the EPS exceeded expectations by 5.19% [1] Financial Performance Metrics - The company’s stock has returned +7% over the past month, compared to the Zacks S&P 500 composite's +11.3% [3] - Anheuser-Busch Inbev holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3] Volume and Revenue Breakdown - Volume in Hectoliters for Middle America was 35,081 KhL, slightly above the average estimate of 35,003.87 KhL [4] - South America reported a volume of 40,891 KhL, exceeding the estimated 38,980.93 KhL [4] - EMEA volume was 20,752 KhL, below the average estimate of 21,367.04 KhL [4] - Total worldwide volume was 136,268 KhL, slightly above the average estimate of 135,732.7 KhL [4] - North America revenue was $3.36 billion, down 6.4% year-over-year and below the estimated $3.46 billion [4] - Middle Americas revenue was $3.78 billion, a decline of 6.6% year-over-year, compared to the estimated $3.81 billion [4] - South America revenue was $2.98 billion, down 7.9% year-over-year, slightly above the estimated $2.94 billion [4] - EMEA revenue was $1.97 billion, below the estimated $2.05 billion [4] - Asia Pacific revenue was $1.45 billion, down 11.3% year-over-year, compared to the estimated $1.50 billion [4] - Global Export & Holding Companies revenue was $86 million, down 21.1% year-over-year, below the estimated $107.91 million [4]