Anheuser Busch Inbev SA (ADR) (BUD) announced its most recent quarterly financial results on Thursday, Mar-2-2017. BUD reported $0.43 earnings per share for the quarter, missing the analyst consensus estimate by $-0.60. Analysts had a consensus of $1.03. The company posted revenue of $14202.00 million in the period, compared to analysts expectations of $14039.13 million. BUD’s revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.56 EPS.
Based on several research reports , Anheuser Busch Inbev SA (ADR) was Downgraded by BofA/Merrill to ” Neutral” on Mar 2, 2017.
Anheuser Busch Inbev SA (ADR) opened for trading at $108.96 and hit $109.45 on the upside on Monday, eventually ending the session at $109.34, with a gain of 0.07% or 0.08 points. The heightened volatility saw the trading volume jump to 10,86,074 shares. Company has a market cap of $211,431 M.
Anheuser Busch Inbev SA formerly Anheuser-Busch InBev SA/NV is a brewing company. The Company produces markets distributes and sells a portfolio of approximately 200 beer and other malt beverage brands. The Company operates in seven business segments: North America Mexico Latin America North Latin America South Europe Asia Pacific and Global Export & Holding Companies. The Company also produces and distributes soft drinks particularly in Latin America and other near beer products such as Lime-A-Rita and other Rita family products in the United States and other countries. The Company’s brand portfolio consists of three categories: global brands Budweiser Corona (except in the United States) and Stella Artois; multi-country brands Beck’s Leffe and Hoegaarden and local brands Bud Light Michelob Victoria Modelo Especial Negra Modelo Skol Brahma Antarctica Quilmes Jupiler Klinskoye Sibirskaya Korona Chernigivske Cass Harbin and Sedrin.