We have a $113 price estimate for Anheuser-Busch InBev

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 Moreover, the 2014 Electronic Entertainment Expo (E3), held in June, provided a huge platform for EA to showcase its upcoming title releases and other partnerships planned that helped define its space in the industry.With strong sustained demand for new console platforms, the company managed to deliver excellent performance in the September quarter as well. The company reported net non-GAAP revenues of $1.22 billion in that quarter, up 17% year-over-year (y-o-y) and 7% above the given guidance. Our $39 price estimate for Electronic Arts’ stock is nearly 18% below the current market price. See our complete analysis of Electronic Arts stock here FIFA Madden NFL Drive Software Sales AB InBev Earnings Review: Lower U.S. Volumes Continue To Drag Down Net Volume Growth. Anheuser-Busch InBev reported relatively weaker third quarter results on October 31, reflecting headwinds in some of www.safefifa16coins.com the most crucial beer markets around the world. Although the brewer increased sales and marketing expenses this year by 11%, including large investments relating to the FIFA World Cup held in June-July, beer volumes haven’t risen as expected. Organic beer volumes fell 2.6% in the quarter, and are up by only 0.8% so far this year, marred by low beer volume sales in the developed world. Volumes were expected to fall in the U.S. and Europe, as consumers in these mature beer markets continue to cut down on beer consumption due to health concerns, and in some cases, amid economic instabilities. What further dragged down AB InBev’s overall volume figure was a decline in beer consumption in China, the world’s largest beer market, hurt by poor weather conditions. Volumes were also impacted by declines in parts of South America due to weak economic conditions. We have a $113 price estimate for Anheuser-Busch InBev, which is roughly 2% above the current market price. See Our Complete Analysis For Anheuser-Busch InBev Lower Volumes In The U.S. Stalls Overall Growth U.S. is the largest market for Anheuser, forming over 90% of the brewer’s North America volumes and more than one-fourth of its overall volumes. Volumes in the country fell 3.7% this quarter for AB InBev, and the company continues to lose share in this market, which is weighing down the overall results. Volumes could remain subdued in the near term too as the brewer remains focused mainly on its premium category and also due to stiff competition from other large brewers such as MillerCoors, a joint venture between SABMiller and Molson Coors. One of AB InBev’s strongest performing beer brands, Corona, which has grown by 6.7% this quarter, is not a part of the group’s portfolio in the U.S.