Benzinga | Oct 29, 2020 10:52AM EDT

Ambev Earlier Reported Q3 EPS $0.03 Beats $0.02 Estimate, Sales $2.90B Beat $2.33B Estimate

Ambev (NYSE:ABEV) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $0.02 by 50 percent. This is a 25 percent decrease over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $2.90 billion which beat the analyst consensus estimate of $2.33 billion by 24.59 percent. This is a 1.15 percent increase over sales of $2.87 billion the same period last year.