0851 GMT - AB InBev 1Q beat represents the 14th consecutive quarterly result in line or ahead of its Ebitda target range, Jefferies analysts Edward Mundy and Andrei Andon-Ionita say in a note. The brewer's 1Q EPS was 11% ahead of market consensus, and expectations could be upgraded in order to reflect the strong underlying performance and recent dollar weakness, they say. The stock is forecast to benefit from the company's improved consistency and progress in cash-flow generation, they add. Shares are up 3.4%, and up nearly 25% since the start of 2025. (michael.susin@wsj.com)
(END) Dow Jones Newswires
May 08, 2025 04:51 ET (08:51 GMT)
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