Ambev Q1 Normalized Earnings Flat, Revenue Declines-March 2024-www.financetom.com

Ambev Q1 Normalized Earnings Flat, Revenue Declines

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Ambev Q1 Normalized Earnings Flat, Revenue Declines

May 8, 2024 5:50 AM

08:26 AM EDT, 05/08/2024 (MT Newswires) -- Ambev ( ABEV ) reported Q1 normalized earnings Wednesday of 0.23 Brazilian real ($0.05) per share, unchanged from a year earlier.

Analysts polled by Capital IQ expected 0.22 real.

Net revenue for the quarter ended March 31 was 20.28 billion real, down from 20.53 billion real a year earlier.

Analysts polled by Capital IQ expected 20.2 billion real.

Price: 2.4796, Change: +0.02, Percent Change: +0.80

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