Pursuits

AB InBev Earnings Miss Estimates Amid Wide-Ranging Shortfall

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Anheuser-Busch InBev NV reported profit growth that trailed estimates as weakness in Europe and China compounded the brewer’s inability to stem declines in its biggest market, the U.S.

The shares dropped after the Budweiser maker said adjusted earnings before interest, taxes, depreciation and amortization rose 1.3 percent on an organic basis. That compares with the 7 percent growth expected by analysts -- a “big miss,” according to Societe Generale’s Andrew Holland.