Investing.com - Anheuser Busch ADR reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Anheuser Busch ADR announced earnings per share of $0.73 on revenue of $14.79B. Analysts polled by Investing.com anticipated EPS of $0.7327 on revenue of $14.63B.
Anheuser Busch ADR shares are down 7.25% from the beginning of the year and are trading at $56.16 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Anheuser Busch ADR follows other major Consumer Staples sector earnings this month
Anheuser Busch ADR's report follows an earnings beat by Coca-Cola on Tuesday, who reported EPS of $0.7 on revenue of $11.33B, compared to forecasts EPS of $0.6693 on revenue of $10.54B.
PepsiCo had beat expectations on Tuesday, July 12, 2022 with second quarter EPS of $1.86 on revenue of $20.23B, compared to forecast for EPS of $1.74 on revenue of $19.51B.
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