Investing.com - Anheuser Busch ADR reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Anheuser Busch ADR announced earnings per share of $0.9 on revenue of $14.2B. Analysts polled by Investing.com anticipated EPS of $0.7534 on revenue of $13.73B.
Anheuser Busch ADR shares are up 3.47% from the beginning of the year and are trading at $62.65 , down-from-52-week-high.They are outperforming 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 Walmart on February 17, who reported EPS of $1.53 on revenue of $152.87B, compared to forecasts EPS of $1.5 on revenue of $151.72B.
Coca-Cola had beat expectations on February 10 with fourth quarter EPS of $0.45 on revenue of $9.47B, compared to forecast for EPS of $0.4118 on revenue of $8.99B.
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