Anheuser-Busch InBev shares are trading lower after the company reported a Q3 sales miss, despite beating EPS estimates.
Portfolio Pulse from Benzinga Newsdesk
Anheuser-Busch InBev's shares declined following a Q3 sales miss, even though the company exceeded EPS estimates.
October 31, 2024 | 10:44 am
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Anheuser-Busch InBev's shares are down due to a Q3 sales miss, despite exceeding EPS expectations.
The decline in Anheuser-Busch InBev's share price is primarily due to the company's Q3 sales miss, which overshadowed the positive news of beating EPS estimates. Sales performance is a critical metric for investors, and missing sales targets can lead to negative sentiment and a drop in stock price.
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IMPORTANCE 80
RELEVANCE 100