AB InBev (BUD) Q4 Earnings Beat Estimates, Revenues Miss

Anheuser-Busch InBev SA/NV (BUD) , alias AB InBev, reported dismal results in fourth-quarter 2023. The company’s earnings beat the Zacks Consensus Estimate, while revenues missed. Sales and earnings declined 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 momen ...