.August 1, 2024 05:38:48 AM

AB InBev is set to announce its Q2 2024 earnings, with projected revenues of $15.2 billion and earnings of 84 cents per share, a 16.7% increase from last year. The company’s focus on premium beer and Beyond Beer portfolio expansion is expected to drive volume growth despite challenges like increased costs. Financial metrics like a P/E ratio of 19.06 and earnings yield of 5.25% reflect investor confidence in AB InBev’s solid financial position. Despite facing challenges, the company’s strategic initiatives are likely to have a positive impact on its performance in the reported quarter.