Anheuser-Busch InBev Reports Q3 Earnings Beat on Revenue and EPS
Anheuser-Busch InBev (BUD) reported third-quarter financial results that exceeded analyst expectations for both earnings per share and revenue. The company posted a Non-GAAP EPS of $1.21, surpassing estimates by $0.04, while total revenue reached $16.51 billion, representing a 9.1% year-over-year increase and beating projections by $230 million. Despite the top-line growth, the company saw a slight contraction in profitability margins. Normalized EBITDA rose by 3.9% to $5.957 billion, but the EBITDA margin decreased by 34 basis points to 36.1%. The results reflect strong revenue momentum offset by rising operational costs or shifting product mixes.
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