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AB InBev (BUD) Misses Earnings and Revenue Estimates in Q3
Underlying earnings per share (normalized EPS, excluding mark-to-market gains related to the hedging of share-based payment programs and impact of hyperinflation) were 94 cents in third-quarter 2019, down 15.3% from $1.11 in the year-ago quarter.
Revenues of $13,172 million grew nearly 2% from the year-ago quarter but lagged the Zacks Consensus Estimate of $13,980 million. The company registered organic revenue growth of 2.7% along with 3% increase in revenues per hectoliter (hl). Organic revenues benefited from the ongoing global premiumization and revenue management initiatives, offset by progress on its smart affordability strategy in some major markets.
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https://finance.yahoo.com/news/ab-inbev-...02892.html
![[Bild: BUDc1dl0617.png]](https://finviz.com/publish/102619/BUDc1dl0617.png)
Underlying earnings per share (normalized EPS, excluding mark-to-market gains related to the hedging of share-based payment programs and impact of hyperinflation) were 94 cents in third-quarter 2019, down 15.3% from $1.11 in the year-ago quarter.
Revenues of $13,172 million grew nearly 2% from the year-ago quarter but lagged the Zacks Consensus Estimate of $13,980 million. The company registered organic revenue growth of 2.7% along with 3% increase in revenues per hectoliter (hl). Organic revenues benefited from the ongoing global premiumization and revenue management initiatives, offset by progress on its smart affordability strategy in some major markets.
...
https://finance.yahoo.com/news/ab-inbev-...02892.html
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