Anheuser-Busch InBev SA/NV (NYSE:BUD) Releases Earnings Results, Beats Expectations By $0.13 EPS

Anheuser-Busch InBev SA/NV (NYSE:BUD) issued its quarterly earnings data on Wednesday. The consumer goods maker reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.13, Zacks reports. The business had revenue of $14.84 billion during the quarter, compared to analysts’ expectations of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%.

Anheuser-Busch InBev SA/NV Stock Up 0.7 %

Shares of BUD traded up $0.40 during mid-day trading on Friday, reaching $59.91. The company’s stock had a trading volume of 1,285,405 shares, compared to its average volume of 2,344,392. The company’s 50 day moving average is $50.35 and its 200 day moving average is $56.79. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The stock has a market cap of $107.68 billion, a PE ratio of 18.49, a price-to-earnings-growth ratio of 1.73 and a beta of 1.08. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49.

Wall Street Analyst Weigh In

Separately, TD Cowen dropped their price target on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research note on Wednesday, January 8th. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of “Buy” and an average price target of $64.00.

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.