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AB InBev Q1 Earnings Coming Up: Should Investors Buy, Hold or Sell?

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Anheuser-Busch InBev SA/NV BUD, also known as AB InBev, is slated to release first-quarter 2025 earnings on May 8, before the opening bell. The leading alcohol beverage company is likely to register year-over-year earnings growth when it reports quarterly numbers.

The Zacks Consensus Estimate for AB InBev’s quarterly revenues is pegged at $13.9 billion, indicating a 4.8% decline from the year-ago quarter’s reported number. For first-quarter earnings, the consensus mark is pegged at 77 cents per share, indicating a 2.7% increase from the prior-year figure. The consensus estimate for earnings has been stable in the past 30 days. (See the Zacks Earnings Calendar to stay ahead of market-making news.)

In the last reported quarter, the company’s earnings per share beat the Zacks Consensus Estimate by 22.2%. It has a trailing four-quarter average earnings surprise of 11.7%.

Anheuser-Busch InBev SA/NV Price and EPS Surprise

Anheuser-Busch InBev SA/NV Price and EPS Surprise
Anheuser-Busch InBev SA/NV Price and EPS Surprise

Anheuser-Busch InBev SA/NV price-eps-surprise | Anheuser-Busch InBev SA/NV Quote

Factors Likely to Impact BUD’s Q1 Results

AB InBev’s results are expected to reflect its robust strategic measures, including pricing actions, continued premiumization and other revenue-management initiatives. The company is also expected to have benefited from strong consumer demand for its brand portfolio. BUD’s relentless execution, investment in brands and accelerated digital transformation have been driving its top-line momentum for a while. These factors are expected to have bolstered sales performance in the to-be-reported quarter.

AB InBev’s premiumization efforts bode well. The company has been focused on premium beer offerings, aligning with consumer preferences in the alcohol industry. It continues to build a diverse portfolio of global, international, craft and specialty premium brands, with its global brands leading the premiumization trend. The expansion of the Beyond Beer portfolio and investments in B2B platforms, e-commerce and digital marketing bode well. Such efforts are expected to have aided the company’s performance in first-quarter 2025.

However, the company is expected to have witnessed elevated costs from commodity cost inflation and higher supply-chain costs, and investments to support long-term growth. In addition, a tough macroeconomic environment, including a soft consumer backdrop in China and Argentina, is a concern. Currency and interest rate fluctuations are likely to have been other deterrents. Such limitations are likely to weigh on BUD’s upcoming quarterly results.

Earnings Whispers for BUD Stock

Our proven model does not conclusively predict an earnings beat for AB InBev this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter.

AB InBev has an Earnings ESP of -1.91% and a Zacks Rank of 3.