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Ambev's Fiscal Q3 Earnings, Revenue Rise

Ambev's Fiscal Q3 Earnings, Revenue Rise

MT newswireMT newswire2026/10/29 07:23
03:23 AM EDT, 10/29/2026 (MT Newswires) -- Ambev SA (ABEV) reported fiscal Q3 normalized net income Thursday of 0.28 Brazilian real ($0.05) per share, up from 0.24 real a year earlier. A single analyst polled by FactSet expected 0.25 real. Revenue for the quarter ended Sept. 30 was 21.59 billion reals, up from 20.85 billion reals a year earlier. Analysts expected 22.74 billion reals. Meanwhile, the company approved a share buyback program of up to 190 million common shares, which will remain effective until April 2028.
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