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Ambev Q1 2023 Earnings Report

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$1.80 -0.02 (-0.82%)
As of 03:59 PM Eastern
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Ambev EPS Results

Actual EPS
$0.04
Consensus EPS
$0.04
Beat/Miss
Met Expectations
One Year Ago EPS
N/A

Ambev Revenue Results

Actual Revenue
$3.95 billion
Expected Revenue
$3.84 billion
Beat/Miss
Beat by +$116.13 million
YoY Revenue Growth
N/A

Ambev Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Ambev Earnings Headlines

Ambev downgraded to Neutral from Outperform at Grupo Santander
Ambev price target lowered to $2 from $2.50 at Barclays
"Elon Musk’s Final Move”: Get in NOW
I believe Elon's next venture, his "Final Move," could mint more millionaires than any project he's ever been a part of before.
Ambev (NYSE:ABEV) Cut to "Neutral" at Bank of America
Ambev (NYSE:ABEV) Earns Buy Rating from Analysts at StockNews.com
Top Picks 2025: Ambev SA
See More Ambev Headlines
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About Ambev

Ambev (NYSE:ABEV), 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. The company also provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, coconut water, powdered and natural juices, and ready-to-drink teas under the Guaraná Antarctica, Gatorade, H2OH!, Pepsi Black, Lipton Iced Tea, Fusion, Pepsi-Cola, Canada Dry, Squirt, Red Rock, Red Bull, Seven Up, Nutrl, Bud Light Seltzer, Palm Bay, and Mike's brands. It offers its products through a network of third-party distributors and a direct distribution system. The company was founded in 1885 and is headquartered in São Paulo, Brazil. Ambev S.A. is a subsidiary of Interbrew International B.V.

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