LEUVEN, Belgium (AP) _ Anheuser Busch Inbev SA (BUD) on Thursday reported a first-quarter loss of $2.25 billion, after reporting a profit in the same period a year earlier.
The Leuven, Belgium-based company said it had a loss of $1.13 per share. Losses, adjusted for non-recurring costs, were 42 cents per share.
The brewer posted revenue of $11 billion in the period.
Anheuser-Busch Inbev shares have declined 47% since the beginning of the year. The stock has decreased 51% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BUD at https://www.zacks.com/ap/BUD
Automated Insights, source Associated Press News