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Actionable news in BUD: ANHEUSER-BUSCH INBEV SA/NV,

AB InBev Misses First-Quarter Estimates on Brazil Woes

Anheuser-Busch InBev (BUD) missed analysts' sales and profits estimates in the first quarter. The brewer today announced that Ebitda was $3.6 billion, shy of the $3.74 billion analyst were hoping for.

Total volumes were down 1.7% with the company attributing that to a tough economic climate in Brazil. AB InBev said beer volumes in Brazil had fallen 10% in the first quarter, in part due to an earlier Carnival holiday.

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