BUD Earnings Prediction
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 +0.62% change in stock price 10 days leading up to the earnings, and a -0.80% change 10 days following the report. On the earnings day itself, the stock moves by +0.42%. This data can give you a slight idea of what to expect for the next quarter's release.
BUD Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
15.05B
-3.39%
-1.87%
Gross Margin
55.60%
3.15%
-0.48%
Operating Margin
27.19%
5.14%
3.74%
Net Margin
16.54%
31.06%
44.83%
EPS
1.03
41.10%
45.07%
No Data Available
BUD Earnings Analysis
Anheuser-Busch INBEV SA/NV Corporation (BUD.N) Earnings Conference Call
Positive
EBITDA Increase and Margin Expansion: 1. EBITDA Growth: AB InBev reported a 7.1% increase in EBITDA this quarter, with margin expansion of 169 basis points across four of its five operating regions.
Share Buyback Initiative: 2. Share Buyback Program: The company announced a $2 billion share buyback program to be executed within the next 12 months, doubling the previous year's buyback amount.
Key Market Revenue Growth: 3. Revenue Growth in Key Markets: Total revenue grew by 2.1% this quarter, with revenue management strategies driving a 4.6% increase in revenue per hectoliter.
North America EBITDA Growth: 4. Strong Performance in North America: The U.S. market saw EBITDA growth of 13.7%, with a margin improvement of approximately 375 basis points, driven by brands like Michelob ULTRA and Busch Light.
Digital Marketplace Growth: 5. Digital Ecosystem Expansion: AB InBev's digital marketplace captured approximately $12.1 billion in gross merchandising value, a 14% year-over-year increase, with 9.5 million orders of non-ABI products generating $630 million in GMV this quarter.
Negative
Volume Decline Impact: 1. Volume Decline in Key Markets: Overall volume declined by 2.4%, primarily due to a soft consumer environment in China and Argentina, negatively impacting revenue growth.
Revenue Decline in China: 2. Significant Revenue Drop in China: Revenue in China decreased by 16.1% this quarter, reflecting ongoing challenges in the consumer market and a weak on-premise channel.
Organic Growth Cap in Argentina: 3. Amended Organic Growth Definition in Argentina: The definition of organic growth in Argentina has been amended to cap price growth at a maximum of 26.8% year-over-year, limiting potential revenue increases.
EMEA Volume Decline: 4. Weak Performance in EMEA: In Europe, volumes declined by low-single digits, indicating underperformance against a soft industry backdrop, despite some margin recovery.
Competitive Pressure in Brazil: 5. Increased Competitive Pressure in Brazil: The competitive environment in Brazil remains intense, particularly in the low-end market, which could pressure margins and market share despite overall healthy growth.
BUD FAQs
How does BUD typically perform around its earnings report dates?
Is Anheuser-Busch InBev SA/NV (BUD) Q3 2024 Earnings Call Summary positive or negative?
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BUD Earning Call Sentiment
Anheuser-Busch InBev SA/NV (BUD) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
BUD.N
2.29%Positive
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.