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AB InBev reports Q2 underlying EPS 98c, consensus 95c

Reports Q2 revenue $15B, consensus $15.3B. Volumes declined by 1.9% in Q2, with beer volumes down by 2.2% and non-beer volumes up by 0.3%. The company said, “Beer is a passion point for consumers. The resilience of the beer category and the continued momentum of our megabrands delivered another quarter of profitable growth. EBITDA increased by 6.5% and the ongoing optimization of our business drove Underlying EPS growth of 8.7%. While the operating environment remains dynamic, the consistent execution of our strategy by our teams and partners drove a solid first half of the year and reinforces our confidence in delivering on our outlook for 2025.”

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