Anheuser-Busch InBev SA/NV (BUD) Scheduled to Post Quarterly Earnings on Thursday

Anheuser-Busch InBev SA/NV (NYSE:BUD) is scheduled to issue its quarterly earnings data before the market opens on Thursday, August 1st. Analysts expect the company to announce earnings of $0.85 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.06. The firm had revenue of $14.55 billion during the quarter, compared to analyst estimates of $14.43 billion. Anheuser-Busch InBev SA/NV had a net margin of 8.03% and a return on equity of 14.01%. The business’s revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 EPS. 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 Stock Down 0.8 %

Anheuser-Busch InBev SA/NV stock opened at $59.58 on Wednesday. The firm has a market cap of $107.08 billion, a price-to-earnings ratio of 25.03, a P/E/G ratio of 1.71 and a beta of 1.10. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. Anheuser-Busch InBev SA/NV has a fifty-two week low of $51.66 and a fifty-two week high of $67.49. The firm has a fifty day moving average price of $60.94 and a two-hundred day moving average price of $61.48.

Analysts Set New Price Targets

A number of research analysts have recently commented on BUD shares. UBS Group raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Morgan Stanley cut their price objective on shares of Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating for the company in a research report on Tuesday, July 2nd. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.13.

About Anheuser-Busch InBev SA/NV

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.