Zacks: Brokerages Expect Anheuser-Busch Inbev SA (BUD) to Announce $1.50 Earnings Per Share

Wall Street brokerages expect Anheuser-Busch Inbev SA (NYSE:BUD) to report $1.50 earnings per share for the current quarter, Zacks reports. Two analysts have made estimates for Anheuser-Busch Inbev SA’s earnings. Anheuser-Busch Inbev SA posted earnings of $0.83 per share in the same quarter last year, which suggests a positive year over year growth rate of 80.7%. The business is scheduled to issue its next earnings results before the market opens on Thursday, October 26th.

On average, analysts expect that Anheuser-Busch Inbev SA will report full year earnings of $4.26 per share for the current year, with EPS estimates ranging from $4.05 to $4.39. For the next financial year, analysts forecast that the business will post earnings of $5.18 per share, with EPS estimates ranging from $4.90 to $5.50. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that follow Anheuser-Busch Inbev SA.

Anheuser-Busch Inbev SA (NYSE:BUD) last issued its earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by ($0.19). The business had revenue of $14.18 billion for the quarter, compared to analyst estimates of $14.15 billion. Anheuser-Busch Inbev SA had a return on equity of 13.61% and a net margin of 7.37%. The firm’s revenue was up 31.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.06 EPS.

A number of equities analysts recently commented on the company. Stifel Nicolaus reissued a “buy” rating on shares of Anheuser-Busch Inbev SA in a research note on Friday, July 28th. Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch Inbev SA in a research note on Wednesday, September 13th. Argus assumed coverage on Anheuser-Busch Inbev SA in a research note on Friday, September 8th. They set a “buy” rating and a $136.00 price target for the company. Jefferies Group LLC set a $139.00 price objective on Anheuser-Busch Inbev SA and gave the company a “buy” rating in a research note on Saturday, July 29th. Finally, Susquehanna Bancshares Inc reaffirmed a “neutral” rating and issued a $125.00 price objective (up from $111.00) on shares of Anheuser-Busch Inbev SA in a research note on Tuesday, August 1st. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company. Anheuser-Busch Inbev SA presently has an average rating of “Hold” and a consensus target price of $126.81.

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Anheuser-Busch Inbev SA (BUD) opened at 126.02 on Wednesday. The firm has a market cap of $243.69 billion, a P/E ratio of 178.25 and a beta of 1.07. The firm’s 50-day moving average price is $120.10 and its 200 day moving average price is $116.21. Anheuser-Busch Inbev SA has a 52 week low of $98.28 and a 52 week high of $129.09.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hikari Tsushin Inc. purchased a new position in Anheuser-Busch Inbev SA during the 2nd quarter worth $839,000. Griffin Asset Management Inc. purchased a new position in Anheuser-Busch Inbev SA during the 2nd quarter worth $360,000. Cetera Investment Advisers purchased a new position in Anheuser-Busch Inbev SA during the 2nd quarter worth $207,000. Advisory Services Network LLC increased its holdings in Anheuser-Busch Inbev SA by 0.3% during the 2nd quarter. Advisory Services Network LLC now owns 4,632 shares of the consumer goods maker’s stock worth $511,000 after purchasing an additional 16 shares during the period. Finally, Banco BTG Pactual S.A. increased its holdings in Anheuser-Busch Inbev SA by 30.3% during the 2nd quarter. Banco BTG Pactual S.A. now owns 695,420 shares of the consumer goods maker’s stock worth $76,747,000 after purchasing an additional 161,544 shares during the period. Institutional investors own 5.50% of the company’s stock.

About Anheuser-Busch Inbev SA

Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

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Earnings History and Estimates for Anheuser-Busch Inbev SA (NYSE:BUD)

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