Anheuser-Busch (BUD:NYSE - commentary - research - Cramer's Take) reiterated full-year earnings guidance of $2.42 to $2.45 a share Tuesday and said profit growth should resume in 2006.
Analysts expect the brewer to earn $2.44 a share on sales of $15.026 billion this year, according to Thomson First Call. The consensus estimate had been $2.55 a share before Anheuser issued a profit warning last month.
The stock is down 11% this year despite a high-profile investment by Warren Buffett.
http://www.thestreet.com/_tscrss/stocks/food/10254757.html
Analysts expect the brewer to earn $2.44 a share on sales of $15.026 billion this year, according to Thomson First Call. The consensus estimate had been $2.55 a share before Anheuser issued a profit warning last month.
The stock is down 11% this year despite a high-profile investment by Warren Buffett.
http://www.thestreet.com/_tscrss/stocks/food/10254757.html
