On July 30, Anheuser-Busch Inbev SA rose 3.04% overnight, trading at $87.45/share, with turnover of $1.9411 million.
On the news front, the company reported Q2 adjusted earnings per share of $1.21, beating the analyst consensus estimate of $1.11 by 8.04% and representing a 23.47% year-over-year increase from $0.98. Revenue came in at $16.660 billion, surpassing the $16.352 billion estimate. This marks the second consecutive quarter of beats, following Q1 results where basic EPS of $0.97 grew 20.9% year-over-year and revenue of $15.27 billion rose 12%. The sustained outperformance reflects strong operational resilience in core beer operations, supported by ongoing World Cup marketing initiatives and the steady execution of a $600 million US capacity investment program spanning 2025-2026. RBC previously raised its price target on the stock to EUR85 while maintaining an Outperform rating.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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