The earnings call reflected a positive outlook with significant achievements in digital growth and cost efficiency. Despite challenges such as weather impact on volumes and currency devaluation in Argentina, the company showed strong financial discipline and a commitment to long-term growth strategies.

Company Guidance

In the second quarter of 2025, Ambev demonstrated robust financial performance with several key metrics indicating growth and resilience. The company reported a high single-digit organic EBITDA increase and achieved a 110 basis points expansion in margins despite facing soft industry volumes due to adverse weather conditions. Overall, Ambev's top line grew mid-single digits, while EBITDA increased by double digits with a 160 basis points margin expansion. Earnings per share (EPS) grew by 6.5%, and cash flow from operating activities rose by 4%, even with challenging working capital dynamics. The board approved an intermediary dividend payout of BRL 2 billion, totaling BRL 6 billion declared this year. Market share pressures were mitigated by strong brand performance and strategic revenue management. The Premium and super Premium segments grew in the low teens, while the Balanced Choice portfolio expanded in the low 20s. The Bees Marketplace achieved a significant 90% GMV growth, reaching an annualized amount of BRL 7.4 billion, while the Zé Delivery platform saw a 7% increase in GMV. Overall, Ambev's diversified geographic footprint contributed positively to their performance, with notable growth in key markets such as Brazil, Argentina, the Dominican Republic, and Canada.

Robust Organic EBITDA Growth

Achieved a high single-digit organic EBITDA increase with 110 basis points of margin expansion despite soft industry volumes.

Strong Performance of Premium Brands

Premium and super Premium brands delivered low teens growth, expanding in 7 out of top 10 markets of Ambev.

Successful Digital Initiatives

Bees Marketplace GMV grew in the 90s, reaching an annualized amount of BRL 7.4 billion, and Zé Delivery achieved a 7% increase in GMV.

Cost Efficiency Achievements

Disciplined focus on cost efficiency resulted in savings of over BRL 500 million in the quarter, achieving an operational leverage of 2.2x.

Dividend Payout

Board of Directors approved another intermediary dividend payout of BRL 2 billion, totaling BRL 6 billion declared this year.

Ambev SA (ABEV) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ABEV Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.04 / -	0.038	―	―	―
Aug 01, 2025	2025 (Q2)	0.03 / 0.03	0.026	23.08% (<+0.01)
May 08, 2025	2025 (Q1)	0.04 / 0.04	0.045	-6.67% (>-0.01)
Feb 26, 2025	2024 (Q4)	0.05 / 0.05	0.058	-6.90% (>-0.01)
Oct 31, 2024	2024 (Q3)	0.04 / 0.04	0.05	-24.00% (-0.01)
Aug 01, 2024	2024 (Q2)	0.03 / 0.03	0.033	-21.21% (>-0.01)
May 08, 2024	2024 (Q1)	0.04 / 0.04	0.046	-2.17% (>-0.01)
Feb 29, 2024	2023 (Q4)	0.06 / 0.06	0.063	-7.94% (>-0.01)
Oct 31, 2023	2023 (Q3)	0.04 / 0.05	0.038	31.58% (+0.01)
Aug 03, 2023	2023 (Q2)	0.03 / 0.03	0.036	-8.33% (>-0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ABEV Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 01, 2025	$2.16	$2.16	0.00%
May 08, 2025	$2.45	$2.48	+1.22%
Feb 26, 2025	$1.84	$1.93	+4.89%
Oct 31, 2024	$2.10	$2.01	-4.29%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ambev SA (ABEV) report earnings?

Ambev SA (ABEV) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is Ambev SA (ABEV) earnings time?

Ambev SA (ABEV) earnings time is at Oct 30, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ABEV EPS forecast?

ABEV EPS forecast for the fiscal quarter 2025 (Q3) is 0.04.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing