Anheuser-Busch InBev SA/NV (BUD) to Release Earnings on Wednesday

Anheuser-Busch InBev SA/NV (NYSE:BUD) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.71 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.06. The firm had revenue of $14.47 billion for the quarter, compared to analysts’ expectations of $15.34 billion. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. During the same period in the prior year, the company posted $0.98 earnings per share. On average, analysts expect Anheuser-Busch InBev SA/NV to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Anheuser-Busch InBev SA/NV Price Performance

BUD opened at $59.71 on Monday. The company has a market capitalization of $103.73 billion, a P/E ratio of 22.53, a PEG ratio of 1.80 and a beta of 1.11. The company has a 50-day moving average of $60.32 and a 200-day moving average of $61.36. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.48 and a current ratio of 0.63. Anheuser-Busch InBev SA/NV has a 1-year low of $51.66 and a 1-year high of $66.32.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently announced an annual dividend, which will be paid on Friday, June 7th. Shareholders of record on Monday, May 6th will be issued a dividend of $0.8722 per share. This represents a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 3rd. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is currently 23.02%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on BUD. Jefferies Financial Group upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and lifted their target price for the company from $60.00 to $76.00 in a research note on Wednesday, January 10th. TD Cowen lowered their price objective on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating for the company in a research note on Tuesday, March 5th. Finally, BNP Paribas cut Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research note on Friday, January 12th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $71.70.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.