This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.

Anheuser-Busch’s Earnings Might Be Slightly Sour, but Its Popularity Keeps Increasing

Thinknum Media

Contributor:
Thinknum Media
Visit: Thinknum Media

By:

Associate Editor

Anheuser-Busch InBev  ($NYSE:BUD), otherwise known as the company behind Budweiser and Bud Light, is the biggest brewer in the world. Whether or not the world’s rising propensity to crack a cold one, pour a shot, or drink a ton of wine, will help Big Bud out remains to be seen.

Thursday, May 7th, the company has its Q1 earnings call, and the expectation is that the Coronavirus will continue to have a negative impact on the top line, as it did in Q4 2019. The bottom line, though, will still be good as long as people want to drink their problems away.

Anheuser Busch employee count and stock price

The Zacks Consensus Estimate is for EPS of $0.18, but challenges loom for Bid. One of the biggest issues is the fact that authorities in various countries shutting down manufacturing facilities owned by Anheuser-Busch. As a result, you notice the stock being cut in half from where it was in January.

Anheuser Busch job listing number

The key data point we see affecting the company going into the summer is the fall in hiring. Job postings have also been cut in half since February, and there’s a chance the worldwide production of alcohol and beer begins to slip if working capacity isn’t filled to normal levels. 

Anheuser Busch brands twitter followers

All of this slightly sour news hasn’t stopped Anheuser-Busch products being popular, because people REALLY like their beer and want more of it, it turns out. From the start of February until now, Bud’s Twitter followers have gone up a whopping 10% to break 200K. And the now-unfortunately-titled Corona beer has even seen a spike in followers, going up 23% in the last three months.

About the Data:

Thinknum tracks companies using the information they post online – jobs, social and web traffic, product sales, and app ratings – and creates data sets that measure factors like hiring, revenue, and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales. 

About the Data:

Thinknum tracks companies using the information they post online – jobs, social and web traffic, product sales, and app ratings – and creates data sets that measure factors like hiring, revenue, and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales. 

Originally Posted on May 6, 2020 – Anheuser-Busch’s Earnings Might Be Slightly Sour, but Its Popularity Keeps Increasing

Disclosure: Interactive Brokers

Information posted on IBKR Traders’ Insight that is provided by third-parties and not by Interactive Brokers does NOT constitute a recommendation by Interactive Brokers that you should contract for the services of that third party. Third-party participants who contribute to IBKR Traders’ Insight are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from Thinknum Media and is being posted with permission from Thinknum Media. The views expressed in this material are solely those of the author and/or Thinknum Media and IBKR is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

trading top