Published on 31 May 2024 on Zacks via Yahoo Finance
Facts to Know About Brown-Forman (BF.B) Before Q4 Earnings
Brown-Forman Corporation (BF.B) is slated to release fourth-quarter fiscal 2024 results on Jun 5. The alcoholic beverage bigwig’s revenues and earnings are expected to have declined in the to-be-reported quarter. The Zacks Consensus Estimate for fiscal fourth-quarter revenues is pegged at $1.03 billion, indicating a decline of 1.8% from that reported in the year-ago quarter.The consensus mark for the to-be-reported quarter’s earnings is pegged at 42 cents per share, suggesting a decline of 2.3% from the year-ago period’s reported number. Earnings estimates for the fiscal fourth quarter have been unchanged in the past 30 days.In the last reported quarter, the company delivered an earnings surprise of 7.1%. In the trailing four quarters, BF.B delivered a negative earnings surprise of 1.3%, on average.
Brown-Forman Corporation Price and EPS Surprise