Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For Ambev S.A. ($ABEV)

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Don't miss out on Thursday 31st October 2024, when Ambev S.A. (NYSE: ABEV) will disclose its third quarter financial results before market open. Investors will have the chance to learn more about the company's performance during the quarter.

According to the predictions of financial experts on Wall Street, the enterprise is expected to announce an anticipated $0.04 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $4.08 billion for the period.

Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $15.96 billion. Additionally, they expect the company to report per share profit of $0.17 for the fiscal year.

The company's earnings report for the same quarter in the previous year revealed a per-share income of $0.05, attributed to the company's total revenue of $4.16 billion.

 

Throughout Tuesday's trading, Ambev S.A. (ABEV) shares fluctuated between $2.25 and $2.30, with a trading volume of 20.16 million shares. The stock ended the regular trading session at $2.28, marking of 0.00 percent.