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Thursday, February 25, 2016

Anheuser-Busch InBev (BUD) reported earnings on Thur 25 Feb 2016 (b/o)

** charts after earnings **



 




Anheuser-Busch InBev misses by $0.05, misses on revs :
  • Reports Q4 (Dec) earnings of $1.56 per share, excluding non-recurring items,$0.05 worse than the Capital IQ Consensus of $1.61; revenues fell 10.8% year/year to $10.72 bln vs the $11.08 bln Capital IQ Consensus. 
  • Total volumes declined by 0.7%, with own beer volumes up 0.2% and non-beer volumes down 6.5%.
  • Continue to expect the SABMiller (SBMRY) transaction to close in the second half of 2016, subject to regulatory clearances, shareholder approvals and other terms and conditions

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