Ambev SA ABEV.N, ABEV.K is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025
The Sao Paulo-based company is expected to report a 6.5% decrease in revenue to $3.83 billion from $4.1 billion a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Ambev SA is for earnings of 4 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Ambev SA is $2.72, above its last closing price of $2.46.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.05 | 0.05 | 0.05 | Met | 0.9 |
Sep. 30 2024 | 0.05 | 0.04 | Missed | -13.2 | |
Jun. 30 2024 | 0.03 | 0.03 | 0.03 | Met | -14 |
Mar. 31 2024 | 0.04 | 0.04 | 0.05 | Beat | 6.2 |
Dec. 31 2023 | 0.04 | 0.05 | 0.06 | Beat | 16.8 |
Sep. 30 2023 | 0.05 | 0.04 | 0.05 | Beat | 20 |
Jun. 30 2023 | 0.03 | 0.03 | 0.03 | Met | 12.6 |
Mar. 31 2023 | 0.04 | 0.03 | 0.04 | Beat | 45.6 |
This summary was machine generated May 6 at 11:40 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)