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home / news releases / ABEV - Ambev Q1 results tops forecast

ABEV - Ambev Q1 results tops forecast

Ambev S.A. American Depositary Shares
Ambev (ABEV): Q1 GAAP EPS of R$0.17.Net income R$2.73B vs. estimate of R$2.30B and 125.7% higher than R$1.21B in prior year.Adjusted net income R$2.76B, an increase of 124.9% from R$1.23B in Q1 2020.Revenue of R$16.64B (+32.1% Y/Y) beats by R$1.66B.Adjusted EBITDA R$5.33B, +26% Y/Y, estimate R$4.86B; Adjusted EBITDA margin 32%.Press Release

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Ambev Q1 results tops forecast
Stock Information
Company Name: Ambev S.A. American Depositary Shares
Stock Symbol: ABEV
Market: NYSE
Website: ambev.com.br
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