Brazil's Ambev beats profit estimates in Q1

Ambev SA

04/05/2023 11:18

SAO PAULO, May 4 (Reuters) - Brazilian brewer Ambev SA
 ABER3.SA  on Thursday reported a first quarter net profit of
3.82 billion reais ($765.45 million), up 8.2% from a year
earlier and above market forecasts even as sales volumes fell
slightly.
    Analysts polled by Refinitiv had expected a bottom line of
3.06 billion reais in the period.

($1 = 4.9905 reais)

 (Reporting by Gabriel Araujo; Editing by Susan Fenton)
 ((Gabriel.Araujo2@thomsonreuters.com; +55 11 5047-3352;))