Anheuser-Busch InBev Q2 2024 Adj. EPS $0.90 Beats $0.87 Estimate, Sales $15.333B Beat $13.561B Estimate
Portfolio Pulse from Benzinga Newsdesk
Anheuser-Busch InBev (NYSE:BUD) reported Q2 2024 earnings of $0.90 per share, beating the analyst estimate of $0.87. Sales were $15.333 billion, surpassing the $13.561 billion estimate. This represents a 25% increase in EPS and a 1.41% increase in sales compared to the same period last year.
August 01, 2024 | 5:24 am
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Anheuser-Busch InBev (NYSE:BUD) reported Q2 2024 earnings of $0.90 per share, beating the analyst estimate of $0.87. Sales were $15.333 billion, surpassing the $13.561 billion estimate. This represents a 25% increase in EPS and a 1.41% increase in sales compared to the same period last year.
The company reported better-than-expected earnings and sales, which is likely to positively impact the stock price in the short term. The significant year-over-year increase in EPS and the beat on both earnings and sales estimates indicate strong performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100