Anheuser Busch Inbev (NYSE:BUD) Issues Quarterly Earnings Results, Beats Expectations By $0.15 EPS

Anheuser Busch Inbev (NYSE:BUD) posted its quarterly earnings data on Thursday. The consumer goods maker reported $0.46 EPS for the quarter, beating the consensus estimate of $0.31 by $0.15, MarketWatch Earnings reports. The business had revenue of $10.29 billion for the quarter, compared to analysts’ expectations of $9.29 billion. Anheuser Busch Inbev had a net margin of 2.55% and a return on equity of 12.24%.

Anheuser Busch Inbev stock opened at $54.43 on Friday. The firm has a market capitalization of $109.75 billion, a PE ratio of 87.79 and a beta of 1.32. The company’s 50-day moving average is $52.10 and its 200-day moving average is $54.64. Anheuser Busch Inbev has a fifty-two week low of $32.58 and a fifty-two week high of $102.59. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.83 and a quick ratio of 0.70.

The company also recently disclosed a semi-annual dividend, which was paid on Thursday, July 9th. Stockholders of record on Wednesday, June 10th were paid a dividend of $0.551 per share. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a dividend yield of 3.2%. Anheuser Busch Inbev’s dividend payout ratio is presently 20.59%.

Several equities research analysts recently commented on the stock. Societe Generale reaffirmed a “hold” rating on shares of Anheuser Busch Inbev in a research report on Thursday, June 4th. Evercore ISI raised shares of Anheuser Busch Inbev from an “in-line” rating to an “outperform” rating and set a $75.00 price target on the stock in a research report on Thursday. Cfra cut their price target on shares of Anheuser Busch Inbev from $70.00 to $50.00 and set a “hold” rating on the stock in a research report on Tuesday, May 26th. Morgan Stanley reissued an “equal weight” rating on shares of Anheuser Busch Inbev in a research report on Wednesday, May 13th. Finally, Kepler Capital Markets reissued a “buy” rating on shares of Anheuser Busch Inbev in a research report on Friday. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seven have issued a buy rating to the stock. Anheuser Busch Inbev currently has a consensus rating of “Hold” and a consensus target price of $77.33.

About Anheuser Busch Inbev

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.

See Also: What is the yield curve?

Earnings History for Anheuser Busch Inbev (NYSE:BUD)

Receive News & Ratings for Anheuser Busch Inbev Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser Busch Inbev and related companies with MarketBeat.com's FREE daily email newsletter.