
BUD Earnings
Anheuser-Busch Inbev SA
- Overview
- Forecast
- Valuation
- Earnings
Earning Analysis
Welcome to our in-depth analysis of Anheuser-Busch Inbev SA(BUD) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Anheuser-Busch Inbev SA earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
FY2025Q1 | 2025-05-08 | Pre-Market | 0.77 | 0.81 | +5.19 | 13.81B | 13.63B | -1.35 | +2.29 | +0.63 |
FY2024Q4 | 2025-02-26 | Pre-Market | 0.72 | 0.88 | +22.22 | 14.07B | 14.84B | +5.51 | +7.21 | +11.52 |
FY2024Q3 | 2024-10-31 | Pre-Market | 0.90 | 0.98 | +8.89 | 15.71B | 15.05B | -4.20 | -5.63 | -8.97 |
FY2024Q2 | 2024-08-01 | - | 0.84 | 0.90 | +7.14 | 15.32B | 15.33B | +0.11 | +2.96 | +1.68 |
FY2024Q1 | 2024-05-08 | - | 0.69 | 0.75 | +8.70 | 14.37B | 14.55B | +1.25 | +4.00 | +8.42 |
- | 2024-02-28 | - | 0.76 | 0.82 | +7.89 | - | - | - | -0.97 | -4.63 |
FY2023Q2 | 2023-08-03 | - | 0.66 | 0.72 | +9.09 | 15.41B | 15.12B | -1.85 | +1.33 | +0.48 |
- | 2023-05-04 | - | 0.64 | 0.65 | +1.56 | - | - | - | +3.47 | -2.95 |
- | 2023-03-02 | - | 0.72 | 0.98 | +36.11 | - | - | - | +1.39 | -0.41 |
- | 2022-10-27 | - | 0.78 | 0.81 | +3.85 | - | - | - | +4.93 | +4.83 |
BUD Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Anheuser-Busch Inbev SA reported performance for FY2025Q1, announced on 2025-05-08. The company achieved an EPS of 0.81, compared to analyst estimates of 0.77 by 5.19% . Revenue for the quarter reached 13.63B compared to expectations of 13.81B by -1.35% .
The stock price reacted with a 2.29% one-day change and a 0.63% five-day change following the earnings release. These movements reflect market reaction in Anheuser-Busch Inbev SA growth trajectory and strategic initiatives.
BUD Earnings Forecast
Looking ahead, Anheuser-Busch Inbev SA(BUD) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q2 project quarter revenue of 15.36B and an EPS of 0.95.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Upward by 0.1%, while EPS estimates have been Revise Upward by 2.52%. For the upcoming Q2 2025, revenue estimates have been adjusted Revise Downward by -0.69% . These revisions correlate with a 16.05% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Anheuser-Busch Inbev SA long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between BUD's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Upward

+0.1%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward

+2.52%
In Past 3 Month
Revenue Estimates for Q2 2025
Revise Downward

-0.69%
In Past 3 Month
Stock Price
Go Up

+16.05%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
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Revenue Estimate-Annual FY 2025:60.30B
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EPS Estimate-Annual FY 2025:3.71
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Stock Price70.49
BUD Revenue and EPS Performance: A Historical Perspective
Anheuser-Busch Inbev SA revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q1 (2025-05-08,Pre-Market):
EPS: 0.81 (Actual) vs.0.77 (Estimate) (5.19%)
Revenue: 13.63B (Actual) vs. 13.81B (Estimate) (-1.35%)
Price Reaction: 2.29%(1-Day), 0.63%(5-Day)
FY2024Q4 (2025-02-26,Pre-Market):
EPS: 0.88 (Actual) vs.0.72 (Estimate) (22.22%)
Revenue: 14.84B (Actual) vs. 14.07B (Estimate) (5.51%)
Price Reaction: 7.21%(1-Day), 11.52%(5-Day)
FY2024Q3 (2024-10-31,Pre-Market):
EPS: 0.98 (Actual) vs.0.90 (Estimate) (8.89%)
Revenue: 15.05B (Actual) vs. 15.71B (Estimate) (-4.20%)
Price Reaction: -5.63%(1-Day), -8.97%(5-Day)
Earnings Reaction
The chart below shows how BUD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BUD sees a -1.76% change in stock price 10 days leading up to the earnings, and a +0.37% change 10 days following the report. On the earnings day itself, the stock moves by +2.10%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in MAR/2025, the stock changed 0.40% on the day following the earnings release and then changed by 2.01% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Anheuser-Busch Inbev SA (BUD) Q1 2025 Earnings Call Summary
Positive
2025-05-08
The earnings call highlights strong financial performance with record revenue, improved EBITDA margins, and increased shareholder returns via a $1 billion buyback. Despite challenges in China and competitive pressures, the company is optimistic about future volume growth and market strategies, particularly in the U.S. and Mexico. The Q&A session reinforces confidence in long-term growth and strategic investments, with positive analyst sentiment. The positive financial metrics and optimistic guidance suggest a positive stock price movement in the short term.
Anheuser-Busch InBev SA/NV (BUD) Q3 2024 Earnings Call Summary
Positive
2024-10-31
The earnings call summary and Q&A indicate a positive outlook, with strong brand performance in key markets, a $2 billion buyback plan, and strategic investments in growing segments like spirits-based RTD. Despite challenges in China, the company is managing costs and reallocating investments effectively. The lack of specific guidance on costs and operational deleverage is a minor concern, but overall, the company's confidence in cash flow generation and market positioning supports a positive sentiment.
Anheuser-Busch InBev SA/NV (BUD) Q2 2024 Earnings Call Summary
Neutral
2024-08-01
The earnings call summary highlights positive financial metrics, such as increased EBITDA and EPS, along with a dividend increase and share buyback program, which are favorable for stock price. However, the Q&A section reveals management's reluctance to provide clear guidance on margins, costs, and currency impacts, which introduces uncertainty. The mixed signals from strong financial performance but unclear future guidance balance out, suggesting a neutral sentiment. Without market cap data, the prediction remains neutral, as the lack of guidance clarity may offset the positive financial results.
FAQ

What were the key highlights of BUD’s latest earnings report for FY2025Q1?
BUD reported its FY2025Q1 earnings on 2025-05-08, showcasing a revenue of 13.63B against an estimate of 13.81B, resulting in a -1.35% surprise. The EPS was 0.81, surpassing the expected 0.77 by 5.19% . The stock experienced a 2.29% price change on the earnings day and a 0.63% change over the next five days, reflecting market reactions to the results.

How did BUD’s stock price react after the FY2025Q1 earnings release?

What are the revenue and EPS estimates for BUD for 2025/Q2?

How does BUD’s stock price correlate with earnings forecast revisions?

What should investors expect from BUD’s next earnings report?
