Ambev (ABEV) to Release Quarterly Earnings on Thursday

Ambev (NYSE:ABEV - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $22.40 billion for the quarter.

Ambev (NYSE:ABEV - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.04 earnings per share for the quarter, meeting analysts' consensus estimates of $0.04. Ambev had a return on equity of 16.12% and a net margin of 17.02%. The business had revenue of $3.92 billion during the quarter, compared to analyst estimates of $22.40 billion. On average, analysts expect Ambev to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Ambev Stock Down 1.0%

Shares of ABEV traded down $0.03 during midday trading on Monday, reaching $2.51. 9,271,374 shares of the stock were exchanged, compared to its average volume of 29,170,993. The company has a market capitalization of $39.47 billion, a P/E ratio of 13.86, a PEG ratio of 5.80 and a beta of 0.80. The company has a current ratio of 1.20, a quick ratio of 0.89 and a debt-to-equity ratio of 0.02. Ambev has a 52 week low of $1.76 and a 52 week high of $2.64. The company's 50 day moving average is $2.35 and its two-hundred day moving average is $2.13.

Ambev Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 14th. Shareholders of record on Tuesday, March 18th were issued a dividend of $0.0221 per share. This represents a $0.09 annualized dividend and a yield of 3.52%. The ex-dividend date of this dividend was Tuesday, March 18th. Ambev's payout ratio is 52.94%.

Wall Street Analyst Weigh In

ABEV has been the topic of a number of recent research reports. Bank of America downgraded shares of Ambev from a "buy" rating to a "neutral" rating in a research note on Friday, January 17th. Barclays lifted their price target on Ambev from $2.00 to $2.50 and gave the company an "equal weight" rating in a report on Monday. UBS Group cut Ambev from a "buy" rating to a "neutral" rating in a research note on Tuesday, April 22nd. StockNews.com assumed coverage on Ambev in a research note on Wednesday, April 23rd. They issued a "buy" rating on the stock. Finally, Citigroup reissued a "neutral" rating on shares of Ambev in a research report on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $2.70.

Ambev Company Profile

Ambev SA, through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe, Hoegaarden, Balboa ICE, Balboa, Atlas Golden Light, Atlas, Bucanero, Cristal, Mayabe, Presidente, Presidente Light, Brahma Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Bud 66, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands.