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Ambev SA earnings beat by $0.23, revenue topped estimates
Ambev SA (NYSE: ABEV) announced strong fourth-quarter results, surpassing analyst expectations with an EPS of $0.280 against an estimate of $0.051, and revenue of $24.81 billion compared to a $4.58 billion consensus. The company’s stock has seen substantial growth, increasing by 19.610% in the last three months and 63.100% over the past year. InvestingPro rates Ambev SA’s financial health as “great performance.”