AB InBev Stock Declines On Soft Earnings: Time To Offload?
Zacks Investment Research | Jun 11, 2018 08:08AM ET
Anheuser-Busch InBev SA/NV (NYSE:BUD) , alias AB InBev, has been putting up a dismal show lately, owing to its dismal earnings trend. First-quarter 2018 marked AB InBev’s return to the negative earnings surprise trend, after a beat in the preceding quarter. While solid sales growth and synergies from cost savings continued to aid results, higher sales and marketing expenses ahead of the FIFA World Cup, along with fall in other operating income due to difficult comparisons, were impediments.
Consequently, shares of AB InBev have lost 16.4% in the past three months, wider than the Original post
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