Anheuser-Busch InBev SA/NV (NYSE:BUD) announced its earnings for the third quarter on Thursday, revealing a robust performance that surpassed analysts’ expectations. The multinational brewing company reported an earnings per share (EPS) of $0.95, exceeding the consensus estimate of $0.91 by $0.04. The results indicate a year-over-year increase, as the company earned $0.88 per share during the same quarter last year.
The company generated revenue of $15.56 billion for the quarter, slightly above analysts’ projections of $15.48 billion. This marks a year-over-year revenue growth of 6.2%, reflecting the company’s strong market performance and effective strategies. Anheuser-Busch InBev reported a return on equity of 24.32% and a net margin of 11.53%, highlighting its operational efficiency.
Market Response and Stock Performance
Following the earnings announcement, Anheuser-Busch InBev’s stock experienced a modest increase. On Friday, the stock rose by 0.3%, trading up $0.20 to reach $80.40. The trading volume was notably higher than average, with 3,191,774 shares exchanged compared to a typical volume of 2,453,364. The stock has seen significant fluctuations over the past year, with a low of $52.47 and a high of $81.56.
The company’s market capitalization stands at $157 billion, with a price-to-earnings (PE) ratio of 23.37. Anheuser-Busch InBev also reported a price-to-earnings-growth (PEG) ratio of 1.69 and a beta of 0.55, indicating lower volatility compared to the market. Its financial health is further evidenced by a quick ratio of 0.48, a current ratio of 0.64, and a debt-to-equity ratio of 0.79.
Institutional Investor Activity
The earnings report has attracted attention from institutional investors, with several firms adjusting their stakes in Anheuser-Busch InBev. Notably, DRW Securities LLC acquired a new stake valued at approximately $322,000 during the fourth quarter. Additionally, Moneta Group Investment Advisors LLC increased its holdings by 31.6%, now owning 4,754 shares valued at $304,000 after acquiring an additional 1,142 shares.
Other investors include Chesapeake Capital Corp IL, which purchased shares worth $263,000, and Cibc World Market Inc., which took a position valued at about $249,000. Currently, institutional investors hold 5.53% of the company’s stock.
Anheuser-Busch InBev, headquartered in Leuven, Belgium, is recognized as one of the largest brewing companies globally. The firm specializes in the production, distribution, and marketing of beer and related beverages. Its extensive portfolio includes a variety of global, regional, and local brands across various categories, catering to both mainstream and craft beer markets.
As Anheuser-Busch InBev continues to navigate the competitive landscape, its latest earnings results indicate a promising trajectory for the company, supported by strong financial metrics and investor interest.
