Anheuser-Busch InBev SA/NV has announced its earnings results for the latest quarter, reporting earnings per share of **$0.95**, which exceeds analysts’ consensus estimates of **$0.91** by **$0.04**. The multinational brewing company, listed on the New York Stock Exchange under the ticker **BUD**, revealed these figures on March 15, 2024, during its quarterly conference call.
The company reported revenue of **$15.56 billion** for the quarter, surpassing analyst expectations of **$15.48 billion**. This represents a **6.2%** increase in revenue compared to the same quarter last year, when the company posted earnings of **$0.88** per share. Anheuser-Busch InBev’s strong performance is reflected in its **return on equity** of **24.32%** and a **net margin** of **11.53%**.
Stock Performance and Market Insights
Following the earnings announcement, Anheuser-Busch InBev’s stock experienced a slight increase of **0.3%**, trading up **$0.20** to reach **$80.40** during Friday trading hours. The trading volume was notably higher than average, with **3,191,774 shares** exchanged compared to the average volume of **2,453,364** shares. The stock’s **50-day moving average** currently stands at **$67.91**, while the **200-day moving average** is at **$63.45**. Over the past year, shares have fluctuated significantly, hitting a low of **$52.47** and a high of **$81.56**.
Anheuser-Busch InBev maintains a market capitalization of **$157 billion**, along with a price-to-earnings (P/E) ratio of **23.37** and a price-to-earnings-growth (PEG) ratio of **1.69**. The company’s **debt-to-equity ratio** is recorded at **0.79**, which, alongside a quick ratio of **0.48** and a current ratio of **0.64**, indicates a stable financial position.
Institutional Investment Activity
Recent activities among institutional investors have also influenced the stock’s performance. Several hedge funds have either acquired or adjusted their positions in Anheuser-Busch InBev. Notably, **DRW Securities LLC** purchased a new stake valued at approximately **$322,000** during the fourth quarter. Similarly, **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 institutional investors making significant moves include **Chesapeake Capital Corp IL** with a new stake worth **$263,000**, and **Cibc World Market Inc.**, which bought shares valued at approximately **$249,000**. Collectively, institutional investors currently own **5.53%** of Anheuser-Busch InBev’s stock.
Anheuser-Busch InBev, headquartered in **Leuven, Belgium**, is recognized as one of the world’s largest brewers. The company engages in the production, distribution, and marketing of beer and related beverages, with a diverse portfolio that includes global, regional, and local brands across various categories such as mainstream, premium, craft, and non-alcoholic beverages.
The latest earnings report not only highlights Anheuser-Busch InBev’s robust financial performance but also illustrates its continued resilience in the competitive beverage market. As the company navigates evolving consumer preferences and market dynamics, its strong earnings and strategic investments position it well for future growth.
