Ambev ABEV reported its Q4 earnings results on Thursday, February 29, 2024 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Ambev beat estimated earnings by 40.0%, reporting an EPS of $0.07 versus an estimate of $0.05.
Revenue was up $268.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 2.0% increase in the share price the next day.
Here's a look at Ambev's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 0.04 | 0.03 | 0.03 | 0.03 |
EPS Actual | 0.05 | 0.03 | 0.05 | 0.06 |
Revenue Estimate | 4.24B | 3.89B | 3.85B | 4.60B |
Revenue Actual | 4.16B | 3.82B | 3.95B | 4.31B |
To track all earnings releases for Ambev visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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