Investing.com - Anheuser Busch ADR reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Anheuser Busch ADR announced earnings per share of $0.5 on revenue of $14.27B. Analysts polled by Investing.com anticipated EPS of $0.616 on revenue of $13.67B.
Anheuser Busch ADR shares are up 41% from the beginning of the year and are trading at $57.17 , down-from-52-week-high.They are outperforming the AEX which is up 30.35% from the start of the year.
Anheuser Busch ADR follows other major Consumer/Non-Cyclical sector earnings this month
Anheuser Busch ADR's report follows an earnings beat by Procter&Gamble on Tuesday, October 19, 2021, who reported EPS of $1.61 on revenue of $20.34B, compared to forecasts EPS of $1.59 on revenue of $19.83B.
Coca-Cola had beat expectations on Wednesday with third quarter EPS of $0.65 on revenue of $10.04B, compared to forecast for EPS of $0.577 on revenue of $9.78B.
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