# United Breweries (CCU) — Earnings

CCU · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/ccu/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | −$0.18 |
| EPS estimate | −$0.12 |
| EPS surprise | −57.69% |
| Revenue surprise | +2.17% |
| Revenue | $655.8M |
| Revenue estimate | $641.9M |
| Reported | Aug 5, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/888746/000129281426004051/ccupr2q26_6k.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/ca087064-fb18-2768-578d-fcd8f77af62c.html) |

United Breweries reported Q2 2026 results on August 5, 2026. It posted a loss of $0.18 per share, wider than the expected loss of $0.12, a miss of 57.69%. Revenue was $655.8 million, above the $641.9 million consensus. A year earlier, Q2 2025 was a loss of $0.06 per share on revenue of $619.9 million, so revenue rose about 6% while the loss tripled.

The table shows a seasonal pattern. Second quarters are the weakest, with losses in Q2 2022, 2023, 2025 and 2026 and only $0.03 per share in Q2 2024. Fourth and first quarters bring the most revenue. Annual EPS was $0.78 in 2022, $0.69 in 2023, $0.90 in 2024 and $0.69 in 2025, on revenue of about $3.0 billion to $3.1 billion each year. The first half of 2026 adds up to $0.13, against $0.27 in the first half of 2025. Over the last 20 quarters, the company beat EPS estimates 13 times and missed 7 times.

United Breweries reported Q3 between November 3 and November 8 in each of the past five years. That points to early November 2026 for the next report. Third quarters have been modestly profitable in every year shown.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 5, 2026 | −$0.12 | −$0.18 | -57.69% | $641.9M | $655.8M |
| Q1 2026 | May 7, 2026 | $0.25 | $0.31 | 23.80% | $839.8M | $881.8M |
| Q4 2025 | Feb 25, 2026 | $0.39 | $0.33 | -15.63% | $974.1M | $943.9M |
| Q3 2025 | Nov 5, 2025 | $0.09 | $0.09 | -5.03% | $723.7M | $682.3M |
| Q2 2025 | Aug 7, 2025 | −$0.07 | −$0.06 | 8.72% | $674.1M | $619.9M |
| Q1 2025 | May 8, 2025 | $0.34 | $0.33 | -3.50% | $831.7M | $857.7M |
| Q4 2024 | Feb 26, 2025 | $0.28 | $0.40 | 41.52% | $838.9M | $970.0M |
| Q3 2024 | Nov 7, 2024 | $0.09 | $0.18 | 101.71% | $781.3M | $738.4M |
| Q2 2024 | Aug 7, 2024 | $0.02 | $0.03 | 53.81% | $565.3M | $555.6M |
| Q1 2024 | May 9, 2024 | $0.30 | $0.29 | -2.68% | $732.7M | $758.7M |
| Q4 2023 | Feb 28, 2024 | $0.20 | $0.26 | 25.97% | $749.3M | $649.3M |
| Q3 2023 | Nov 8, 2023 | $0.08 | $0.06 | -31.71% | $728.0M | $767.7M |
| Q2 2023 | Aug 10, 2023 | −$0.04 | −$0.03 | 33.67% | $725.0M | $713.8M |
| Q1 2023 | May 11, 2023 | $0.37 | $0.40 | 6.75% | $907.2M | $915.8M |
| Q4 2022 | Mar 1, 2023 | $0.24 | $0.30 | 22.46% | $1.0B | $902.1M |
| Q3 2022 | Nov 8, 2022 | $0.07 | $0.10 | 43.35% | $733.0M | $703.9M |
| Q2 2022 | Aug 4, 2022 | $0.02 | −$0.06 | -355.19% | $568.3M | $607.1M |
| Q1 2022 | May 5, 2022 | $0.39 | $0.44 | 14.84% | $859.5M | $887.5M |
| Q4 2021 | Mar 8, 2022 | $0.43 | $0.47 | 9.30% | $878.6M | $962.1M |
| Q3 2021 | Nov 3, 2021 | $0.19 | $0.28 | 50.32% | $625.9M | $765.3M |

## Frequently Asked Questions

### When did United Breweries (CCU) last report earnings?

United Breweries last reported on Aug 5, 2026, covering fiscal Q2 2026.

### Did CCU beat earnings estimates?

No. United Breweries reported EPS of −$0.18 for Q2 2026 against a −$0.12 estimate — a 57.69% miss.

### How much revenue did CCU report last quarter?

United Breweries reported $655.8M in revenue for Q2 2026, against a consensus estimate of $641.9M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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