Anheuser-Busch InBev Q3 Adj EPS $0.86 Beats $0.83 Estimate, Sales $15.57B Miss $15.71B Estimate
Portfolio Pulse from Benzinga Newsdesk
Anheuser-Busch InBev reported Q3 adjusted earnings of $0.86 per share, beating the analyst consensus estimate of $0.83 by 3.61%. However, the company's quarterly sales of $15.57 billion missed the analyst consensus estimate of $15.71 billion by 0.89%.
October 31, 2023 | 6:49 am
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Anheuser-Busch InBev's Q3 earnings beat estimates but sales missed, which could lead to mixed market reactions.
Anheuser-Busch InBev's earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. These two factors could offset each other, leading to a neutral impact on the stock in the short term.
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