Anheuser Busch Inbev (NYSE:BUD) released its quarterly earnings results on Thursday. The consumer goods maker reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.15, MarketWatch Earnings reports. Anheuser Busch Inbev had a net margin of 2.55% and a return on equity of 12.24%. The business had revenue of $10.29 billion for the quarter, compared to analysts’ expectations of $9.29 billion.
Anheuser Busch Inbev stock traded down $3.65 during trading on Friday, reaching $54.43. The company had a trading volume of 3,197,616 shares, compared to its average volume of 1,892,906. The firm’s 50-day simple moving average is $52.10 and its 200 day simple moving average is $54.64. Anheuser Busch Inbev has a 1-year low of $32.58 and a 1-year high of $102.59. The firm has a market capitalization of $109.75 billion, a PE ratio of 87.79 and a beta of 1.32. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.70 and a current ratio of 0.83.
The business also recently declared a semi-annual dividend, which was paid on Thursday, July 9th. Investors of record on Wednesday, June 10th were paid a $0.551 dividend. The ex-dividend date was Tuesday, June 9th. This represents a yield of 3.2%. Anheuser Busch Inbev’s dividend payout ratio is currently 20.59%.
About Anheuser Busch Inbev
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.
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