Ambev Shares (BVMF:ABEV3; NYSE:ABEV) Under Pressure as Beer Recovery Lags 2024 Outlook
Ambev S.A. ended the session at R$15.90 ahead of a key earnings report focused on margins on Thursday. Initial estimates project Brazilian beer volume growth ranging from 5% to 8%. The upper end of this outlook would still leave volumes trailing those seen in the second quarter of 2024.
