Beer giant Anheuser-Busch InBev SA (NYSE:BUD) is set to report fourth-quarter financial results before the market opens Thursday.
Here are the key earnings estimates, analyst ratings and key items for investors to watch.
Earnings Estimates: Analysts expect Anheuser-Busch InBev to report fourth-quarter revenue of $15.50 billion according to estimates from Benzinga Pro.
The company reported $14.67 billion in revenue in last year’s fourth quarter. The estimated total would be down from $15.57 billion reported in the third quarter. The company missed analysts’ estimates for revenue in five straight quarters.
Analysts expect the beer company to report earnings of 78 cents per share for the fourth quarter, which would be a decline from the 86 cents per share reported in last year’s fourth quarter. The company beat earnings per share estimates from analysts in four straight quarters with four beats and one make in the past five quarters.
The company said during its third-quarter earnings results that it expected full fiscal year EBITDA to grow at around 4% to 8% and revenue to outpace EBITDA growth, led by volume and pricing gains.
Related Link: Lionel Messi To The Rescue: Could Soccer Superstar Help Beer Company Move Past Boycott And Backlash?