Ambev SA

ABEV3: BVMF (BRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Ambev Earnings: Near-Term Volatility Across Markets, but Profitability Is Solid

Verushka Shetty

Oct 29, 2026

Ambev’s third-quarter fiscal 2026 results included year-over-year organic revenue growth of 7.6%, with volume up 0.8%. Normalized EBITDA rose 8.9%, and EPS rose 15.4%. Due to the consensus miss, shares fell around 5% in early trading on Oct. 29.

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Ambev SA

Ambev Earnings: Near-Term Volatility Across Markets, but Profitability Is Solid

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