PYPL earnings call for the period ending June 30, 2021. Read More...
Reuters
AB InBev exceeds pre-pandemic revenue but profit underwhelms
BRUSSELS (Reuters) -Anheuser-Busch InBev, the world’s largest brewer, underwhelmed on profit as costs increased and despite driving second-quarter revenue to above pre-pandemic levels. AB InBev retained its forecast that earnings before interest, tax, depreciation and amortisation (EBITDA) would grow by between 8% and 12% this year, with revenue increasing at a faster pace. In the second quarter, that profit figure rose 31% on a like-for-like basis to $4.85 billion, against consensus expectations for a 35% increase, according to a company-compiled consensus.
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