Investing.com - Anheuser Busch reported first quarter earnings that Beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.27 on revenue of $12.59B. Analysts polled by Investing.com anticipated EPS of $1.1 on revenue of $12.6B. That compared to EPS of $0.73 on revenue of $13.07B in the same period a year earlier. The company had reported EPS of $0.8 on revenue of $14.25B in the previous quarter.
Anheuser Busch follows other major Consumer/Non-Cyclical sector earnings this month
On April 23, Procter&Gamble reported third quarter EPS of $1.06 on revenue of $16.46B, compared to forecasts of EPS of $1.03 on revenue of $16.36B.
Coca-Cola earnings Beat analysts' expectations on April 23, with first quarter EPS of $0.48 on revenue of $8.02B. Investing.com analysts expected EPS of $0.46 on revenue of $7.88B
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