Previous close | 0.2500 |
Open | 0.1000 |
Bid | 0.0000 |
Ask | 0.0500 |
Strike | 58.00 |
Expiry date | 2024-05-10 |
Day's range | 0.0500 - 0.1000 |
Contract range | N/A |
Volume | |
Open interest | 323 |
Anheuser-Busch stock breaks above resistance. The beer maker cleared estimates for first-quarter results early Wednesday.
AB InBev (BUD) Q1 results reflect gains from strong revenue per hl growth on pricing actions, premiumization and revenue-management initiatives. Accelerated digital transformation also aids results.
Anheuser-Busch InBev reported higher-than-expected revenue in the first quarter despite lower sales in the U.S. and China. The world’s largest brewer — whose brands include Budweiser, Stella Artois and Corona — said its revenue rose 2.6% to $14.5 billion. Volumes declined 0.6% for the quarter, the Leuven, Belgium-based company said.