Ambev ABEV announces its next round of earnings this Thursday, July 30. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.
Earnings and Revenue
Wall Street analysts see Ambev reporting earnings of $0.01 per share on sales of $1.71 billion. In the same quarter last year, Ambev reported EPS of $0.05 on revenue of $3.28 billion. If the company were to post earnings in-line with the consensus estimate when it reports Thursday, EPS would be down 80.0%. Revenue would have fallen 28.75% from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.03 | 0.06 | 0.04 | 0.04 |
| EPS Actual | 0.02 | 0.07 | 0.04 | 0.05 |
| Revenue Estimate | 2.40 B | 3.86 B | 3.08 B | 3.09 B |
| Revenue Actual | 2.85 B | 3.96 B | 2.87 B | 3.28 B |
Stock Performance
Over the last 52-week period, shares are down 44.14%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Ambev is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://webcastlite.mziq.com/cover.html?webcastId=6d51d07b-9972-44ef-99fc-0f91a1c0f78b
© 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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