Anheuser-Busch InBev ADR stock fell 0.3% in morning trades after the beer giant beat its earnings target but fell short of its revenue mark. Anheuser-Busch...
Anheuser-Busch InBev ADR BUD stock fell 0.3% in morning trades after the beer giant beat its earnings target but fell short of its revenue mark. Anheuser-Busch InBev said its fourth-quarter profit rose to $1.74 billion, or 98 cents a share, from $1.48 billion, or 90 cents a share, in the year-ago quarter. The company beat the fourth-quarter earnings estimate of 80 cents a share in a survey of analysts by FactSet. Anheuser-Busch InBev’s revenue rose 10% to $14.
3% in morning trades after the beer giant beat its earnings target but fell short of its revenue mark. Anheuser-Busch InBev said its fourth-quarter profit rose to $1.74 billion, or 98 cents a share, from $1.48 billion, or 90 cents a share, in the year-ago quarter. The company beat the fourth-quarter earnings estimate of 80 cents a share in a survey of analysts by FactSet. Anheuser-Busch InBev’s revenue rose 10% to $14.67 billion, but missed the analyst estimate of just under $15.28 billion.
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