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Here's What Key Metrics Tell Us About Anheuser-Busch Inbev (BUD) Q1 Earnings
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Anheuser-Busch Inbev (BUD - Free Report) reported $14.55 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 2.4%. EPS of $0.75 for the same period compares to $0.65 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $14.41 billion, representing a surprise of +0.97%. The company delivered an EPS surprise of +8.70%, with the consensus EPS estimate being $0.69.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Anheuser-Busch Inbev performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Volume in Hectoliters - Middle America: 35,690 KhL versus 35,070.19 KhL estimated by four analysts on average.
Volume in Hectoliters - South America: 40,347 KhL versus 40,020.1 KhL estimated by four analysts on average.
Volume in Hectoliters - Asia Pacific: 21,045 KhL versus 21,837.98 KhL estimated by four analysts on average.
AB InBev Worldwide - Total Volume: 139,536 KhL versus 138,394.2 KhL estimated by four analysts on average.
Volume in Hectoliters - North America: 21,353 KhL versus 20,979.66 KhL estimated by four analysts on average.
Volume in Hectoliters - EMEA: 21,030 KhL compared to the 20,408.72 KhL average estimate based on four analysts.
Revenue- Global Export & Holding Companies: $109 million versus the four-analyst average estimate of $120.34 million.
Revenue- Middle Americas: $4.05 billion versus $4.01 billion estimated by four analysts on average.
Revenue- North America: $3.59 billion compared to the $3.53 billion average estimate based on four analysts.
Revenue- Asia Pacific: $1.63 billion compared to the $1.68 billion average estimate based on four analysts.
Revenue- Europe: $1.93 billion versus $1.88 billion estimated by four analysts on average.
Revenue- South America: $3.23 billion versus the four-analyst average estimate of $3.14 billion.
Shares of Anheuser-Busch Inbev have returned -0.1% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Here's What Key Metrics Tell Us About Anheuser-Busch Inbev (BUD) Q1 Earnings
Anheuser-Busch Inbev (BUD - Free Report) reported $14.55 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 2.4%. EPS of $0.75 for the same period compares to $0.65 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $14.41 billion, representing a surprise of +0.97%. The company delivered an EPS surprise of +8.70%, with the consensus EPS estimate being $0.69.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Anheuser-Busch Inbev performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Volume in Hectoliters - Middle America: 35,690 KhL versus 35,070.19 KhL estimated by four analysts on average.
- Volume in Hectoliters - South America: 40,347 KhL versus 40,020.1 KhL estimated by four analysts on average.
- Volume in Hectoliters - Asia Pacific: 21,045 KhL versus 21,837.98 KhL estimated by four analysts on average.
- AB InBev Worldwide - Total Volume: 139,536 KhL versus 138,394.2 KhL estimated by four analysts on average.
- Volume in Hectoliters - North America: 21,353 KhL versus 20,979.66 KhL estimated by four analysts on average.
- Volume in Hectoliters - EMEA: 21,030 KhL compared to the 20,408.72 KhL average estimate based on four analysts.
- Revenue- Global Export & Holding Companies: $109 million versus the four-analyst average estimate of $120.34 million.
- Revenue- Middle Americas: $4.05 billion versus $4.01 billion estimated by four analysts on average.
- Revenue- North America: $3.59 billion compared to the $3.53 billion average estimate based on four analysts.
- Revenue- Asia Pacific: $1.63 billion compared to the $1.68 billion average estimate based on four analysts.
- Revenue- Europe: $1.93 billion versus $1.88 billion estimated by four analysts on average.
- Revenue- South America: $3.23 billion versus the four-analyst average estimate of $3.14 billion.
View all Key Company Metrics for Anheuser-Busch Inbev here>>>Shares of Anheuser-Busch Inbev have returned -0.1% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.