Anheuser-Busch Beats Estimates - TheStreet

Anheuser-Busch Beats Estimates

It could be BUD's last report as an American company, as its acquisiton by InBev moves closer.
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(BUD) - Get Report

threw what could be its last beer blast as an American-owned company, beating second-quarter earnings estimates by 2 cents a share.

The brewer of Budweiser and purveyor of Clydesdale horses posted net income of $689 million, or 95 cents a share on Wednedsay, on sales of $4.72 billion. Thomson Reuters estimates called for 93 cents on $4.71 billion.

Earlier this month, Anheuser-Busch agreed to a $65-a-share or $52 billion takeover offer by Belgium's



BUD shares closed Wednesday at $67.36, up 11 cents.

This article was written by a staff member of