0901 GMT - AB InBev delivered profit at the top end of guidance for a third year, with solid performance to continue in 2025 and beyond, Jefferies analysts Edward Mundy and Andrei Andon-Ionita say in a note. For the fourth quarter, the brewer reported strong earnings per share of $3.53, while the full year result beat market expectations supported by higher underlying profit growth and favorable financial items, they say. Following the EPS beat, Jefferies analysts expect that a number of positive factors, such as lower finance costs and easing foreign exchange headwinds, could drive EPS consensus to a low-single digit upgrade in 2025. Shares are up 7.3% at 56.12. (michael.susin@wsj.com)
(END) Dow Jones Newswires
February 26, 2025 04:01 ET (09:01 GMT)
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