Categories Earnings, Retail

Anheuser-Busch InBev (BUD): Q4 2019 Earnings Snapshot

Budweiser Anheuser-Busch InBev
Photo by Liv Hema on Unsplash

— Anheuser-Busch InBev (NYSE: BUD) reported earnings of $0.87 per share in the fourth-quarter of 2020 vs. $1.05 per share expected.  

— Q4 revenues grew 2.5% to $13.3 billion, vs $13.93 billion expected, as total volume grew 1.6%.

— Company said Coronavirus outbreak has led to a significant decline in demand in China. For the first two months of 2020, the company sees revenue loss of about $285 million and EBITDA loss of around $170 million in China.

— Net CapEx expected to be around $5 billion in FY20

— BUD shares fell 6.8% during pre-market hours. 

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