Ambev Sa Stock News

Ambev SA Earnings, Revenue Beat in Q4

SAO PAULO (Reuters) – Brazilian brewer Ambev SA’s fourth-quarter net income fell 45.6% from a year earlier to 3.75 billion reais ($748.55 million), it said on Thursday, citing widespread deceleration across the industry.

Brazilian brewer Ambev SA''s fourth-quarter net income fell 45.6% from a year earlier to 3.75 billion reais ($748.55 million), it said on Thursday, citing widespread deceleration across the industry.

Ambev (ABEV): Q4 Non-GAAP EPS of R$0.24.Revenue of R$22.01B (+18.6% Y/Y).Cash flow from operating activities increased 40.5% to R$11,792.5M compared to R$8,393.6M in 4Q20.Volumes grew…

Brazilian brewer Ambev SA's fourth-quarter net income fell 45.6% from a year earlier to 3.75 billion reais ($748.55 million), it said on Thursday, citing widespread deceleration across the industry.

Broyhill Asset Management, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be downloaded here.

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Ambev S.A. (NYSE:ABEV)s traded shares stood at 6.54 million during the last session. At the last check today, the stocks price was $2.90, to imply an increase of 3.20% or $0.09 in intraday trading. The ABEV shares 52-week high remains $3.83, putting it -32.07% down since that peak but still an impressive 20.34% since price Boom Or Bust: What Does The Future Hold For Ambev S.A. (NYSE: ABEV) Stock? Read More »

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Ambev S.A.: Bullish Operating Momentum Can Lift Shares Higher

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Citi upgrades Ambev S.A. (ABEV) to a Buy rating after having the beer stock slotted at Neutral. Read more.