July 26, 2018 / 10:16 AM / 22 days ago

Brazil's Ambev misses Q2 profit estimate despite higher beer sales

SAO PAULO, July 26 (Reuters) - Ambev SA, the Latin American unit of brewing giant Anheuser Busch InBev NV , missed quarterly profit estimates on Thursday, despite higher beer sales during the World Cup.

In a securities filing it reported a second quarter adjusted net profit of 2.349 billion reais ($636.95 million), up 9.7 percent from a year earlier but below a Reuters consensus estimate of 2.43 billion reais.

$1 = 3.6879 reais Reporting by Ana Mano; editing by Jason Neely

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below