Anheuser-Busch InBev Earnings Are on Deck

Seth Jayson, The Motley Fool
Updated

Anheuser-Busch InBev (NYS: BUD) is expected to report Q2 earnings on July 31. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Anheuser-Busch InBev's revenues will expand 5.6% and EPS will contract -15.6%.

The average estimate for revenue is $10.42 billion. On the bottom line, the average EPS estimate is $1.03.


Revenue details
 Last quarter, Anheuser-Busch InBev booked revenue of $9.17 billion. GAAP reported sales were 1.7% lower than the prior-year quarter's $9.33 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, non-GAAP EPS came in at $1.16. GAAP EPS of $1.28 for Q1 were 21% higher than the prior-year quarter's $1.06 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 57.4%, 130 basis points worse than the prior-year quarter. Operating margin was 29.6%, 130 basis points worse than the prior-year quarter. Net margin was 22.4%, 430 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $44.20 billion. The average EPS estimate is $4.84.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 273 members out of 296 rating the stock outperform, and 23 members rating it underperform. Among 79 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 74 give Anheuser-Busch InBev a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Anheuser-Busch InBev is outperform, with an average price target of $104.94.

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The article Anheuser-Busch InBev Earnings Are on Deck originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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