Reported Late Wednesday, Anheuser-Busch InBev Q4 Adj. EPS $0.82 Beats $0.76 Estimate, Sales $14.47B Miss $15.31B Estimate
Portfolio Pulse from Benzinga Newsdesk
Anheuser-Busch InBev (NYSE:BUD) reported Q4 adjusted EPS of $0.82, beating estimates of $0.76, but missed sales estimates with $14.47B against the expected $15.31B. This represents a decrease in both earnings and sales compared to the same period last year.
February 29, 2024 | 6:48 am
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Anheuser-Busch InBev reported a mixed Q4 with EPS beating estimates but sales missing expectations, indicating a year-over-year decline in performance.
The mixed results with an earnings beat but a miss on sales forecasts could lead to neutral short-term stock price movement. Investors might react positively to the earnings beat, but the sales miss and year-over-year decline could temper optimism.
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