Anheuser-Busch Inbev (BUD) Reports Q2 Earnings: What Key Metrics Have to Say

For the quarter ended June 2024, Anheuser-Busch Inbev (BUD) reported revenue of $15.33 billion, up 1.4% over the same period last year. EPS came in at $0.90, compared to $0.72 in the year-ago quarter.The reported revenue represents a surprise of +0.84% over the Zacks Consensus Estimate of $15.21 billion. With the consensus EPS estimate being $0.84, the EPS surprise was +7.14%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.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 - North America: 22,369 KhL versus the four-analyst average estimate of 22,716.16 KhL. Volume in Hectoliters - Middle America: 38,381 KhL versus 38,302.86 KhL estimated by four analysts on average. Volume in Hectoliters - South America: 35,969 KhL versus 36,907.89 KhL estimated by four analysts on average. AB InBev Worldwide - Total Volume: 146,302 KhL compared to the 146,705.6 KhL average estimate based on four analysts. Volume in Hectoliters - Asia Pacific: 25,399 KhL compared to the 25,584.78 KhL average estimate based on four analysts. Volume in Hectoliters - EMEA: 23,852 KhL versus 23,114.11 KhL estimated by four analysts on average. Revenue- South America: $2.79 billion versus the four-analyst average estimate of $2.67 billion. Revenue- Middle Americas: $4.52 billion versus $4.35 billion estimated by four analysts on average. Revenue- North America: $3.86 billion versus the four-analyst average estimate of $3.87 billion. Revenue- Asia Pacific: $1.75 billion versus $1.84 billion estimated by four analysts on average. Revenue- Europe: $2.30 billion compared to the $2.29 billion average estimate based on four analysts. Revenue- Global Export & Holding Companies: $112 million versus $127.86 million estimated by two analysts on average. View all Key Company Metrics for Anheuser-Busch Inbev here>>>Shares of Anheuser-Busch Inbev have returned -0.9% over the past month versus the Zacks S&P 500 composite's +1.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Anheuser-Busch InBev SA/NV (BUD): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks