Anheuser-Busch InBev SA/NV (BUD) Scheduled to Post Quarterly Earnings on Wednesday

Anheuser-Busch InBev SA/NV (NYSE:BUD) is scheduled to be announcing its earnings results before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.71 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.06. The firm had revenue of $14.47 billion for the quarter, compared to the consensus estimate of $15.34 billion. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. During the same quarter in the prior year, the firm posted $0.98 earnings per share. On average, analysts expect Anheuser-Busch InBev SA/NV to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Anheuser-Busch InBev SA/NV Trading Down 1.1 %

Shares of NYSE BUD opened at $59.65 on Wednesday. The firm’s 50 day moving average price is $60.55 and its 200-day moving average price is $61.24. The company has a market cap of $103.62 billion, a PE ratio of 22.51, a P/E/G ratio of 1.81 and a beta of 1.13. Anheuser-Busch InBev SA/NV has a 52-week low of $51.66 and a 52-week high of $66.32. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.48 and a current ratio of 0.63.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently announced an annual dividend, which will be paid on Friday, June 7th. Stockholders of record on Monday, May 6th will be paid a $0.8722 dividend. This represents a dividend yield of 1.1%. The ex-dividend date is Friday, May 3rd. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 23.02%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on BUD shares. TD Cowen dropped their target price on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 5th. Jefferies Financial Group upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and increased their price objective for the company from $60.00 to $76.00 in a research report on Wednesday, January 10th. Finally, BNP Paribas downgraded shares of Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research report on Friday, January 12th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $71.70.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.