AB InBev SA (BUD) Tops Q2 EPS by 6c
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AB InBev SA (NYSE: BUD) reported Q2 EPS of $1.06, $0.06 better than the analyst estimate of $1.00. Revenue for the quarter came in at $11.05 billion versus the consensus estimate of $10.93 billion.
Total volumes declined by 1.7% in 2Q16, with our own beer volumes down by 0.8%. The decline in own beer volumes was driven mainly by weak industry performances in Brazil and Argentina, partly offset by good results in Mexico and the US. In HY16, total volumes declined by 1.7%, with own beer volumes down by 1.1%
For earnings history and earnings-related data on AB InBev SA (BUD) click here.
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