Dow Jones Newswires: AB InBev fourth quarter net profit beats forecasts; dividend raised

Anheuser-Busch InBev SA BE:ABI said Thursday that fourth-quarter net profit rose above market expectations, supported by revenue growth despite a fall in volumes, and raised its dividend payout.

The world’s largest brewer–which houses the Stella Artois and Budweiser brands among its portfolio–reported a net profit of $2.84 billion, up from $1.96 billion in the same period a year ago and ahead of a consensus forecast of $2.20 billion, taken from FactSet and based on four analysts’ estimates.

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

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