Key Takeaways North American sales helped Anheuser-Busch InBev beat analysts' estimates for quarterly earnings and revenue.The beer giant's U.S. sales were boosted by demand for Michelob Ultra and Busch Light brands.

The beer giant said revenues climbed 3.4% to $14.84 billion in the fourth quarter, driven by higher sales of premium products like Corona.

The Budweiser brewer reported earnings that beat analysts’ expectations, boosted by higher prices and improvements in the U.S. that offset lingering weakness in China.