Stock AnalizAnheuser-Busch InBev SA (BUD) earnings for the quarter ended September 2026: EPS beats estimates
Anheuser-Busch InBev SA reported results for the quarter ended September 2026 on October 29, 2026. Adjusted earnings per share came in at $1.21 against the analysts’ average forecast of $1.17, a beat of 3.7%.
Revenue for the quarter was $16.51 billion, up 9.1% from $15.13 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 1.8% on the first trading day after the report.
The last four quarters
Anheuser-Busch InBev SA has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $1.21 | $1.17 | +3.7% | +9% | −1.8% |
| Jun 2026 | $1.21 | $1.14 | +6.4% | — | +1.9% |
| Mar 2026 | $0.97 | $0.91 | +6.2% | — | +11.1% |
| Sep 2025 | $0.99 | $0.95 | +3.9% | — | −0.9% |
What comes next
Analysts expect EPS of $1.07 for the next quarter on average and $4.42 for the fiscal year ending December 31, 2026.
The average analyst price target is $94.53, 11% above the current price of $84.81.
Valuation and score
Anheuser-Busch InBev SA scores 3.0 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 17.0, and its intrinsic value under moderate assumptions is about 8% below the current market value. Full Anheuser-Busch InBev SA analysis with 10 years of financials
Frequently asked questions
What was Anheuser-Busch InBev SA’s EPS for the quarter ended September 2026?
$1.21 adjusted per share, against an analyst consensus of $1.17.
How much revenue did Anheuser-Busch InBev SA report?
$16.51 billion, up 9.1% year over year.
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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.