What You Need to Know Ahead of Brown-Forman’s Earnings Release

Louisville, Kentucky-based Brown-Forman Corporation (BF.B) manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages.ย Valued atย $13 billion by market cap, the companyโ€™s products include branded whiskey, vodka, wines, tequila, bourbon, and gin. Theย spirits giantย is expected to announce its fiscalย fourth-quarter earnings for 2026 in the near term. Ahead of the event, analysts expect BF.B to…


What You Need to Know Ahead of Brown-Forman’s Earnings Release

Louisville, Kentucky-based Brown-Forman Corporation (BF.B) manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages.ย Valued atย $13 billion by market cap, the companyโ€™s products include branded whiskey, vodka, wines, tequila, bourbon, and gin. Theย spirits giantย is expected to announce its fiscalย fourth-quarter earnings for 2026 in the near term.

Ahead of the event, analysts expect BF.B to report aย profit of $0.34 per share on a diluted basis, up 9.7% fromย $0.31 per share in the year-ago quarter.ย The company missed the consensus estimates in three of the last four quarters while surpassing the forecast on another occasion.

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For the full year, analysts expect BF.B to report EPS of $1.76, down 4.4% from $1.84 inย fiscal 2025. Its EPS is expected to decline 3.4% year over year to $1.70 in fiscal 2027.

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BF.B stock has significantly underperformed the S&P 500 Indexโ€™s ($SPX) 30.6% gains over the past 52 weeks, with sharesย down 18.2% during this period. Similarly, it underperformed the State Street Consumer Staples Select Sector SPDR ETFโ€™s (XLP)ย 2.7% gains over the same time frame.

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www.barchart.com

On Mar. 4,ย BF.B shares closed down by 6.6% after reporting itsย Q3 results. Its net sales stood at $1.1 billion, up 2% year over year. The companyโ€™s EPS increased 1.8% from the year-ago quarter to $0.58.

Analystsโ€™ consensus opinion on BF.B stock is cautious, with a โ€œHoldโ€ rating overall. Out of 17 analysts covering the stock, two advise a โ€œStrong Buyโ€ rating, 12 give a โ€œHold,โ€ one recommends a โ€œModerate Sell,โ€ and two advocate a โ€œStrong Sell.โ€ BF.Bโ€™s average analyst price target is $28.83, indicating a potential upside of 1.8% from the current levels.

On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originallyย published on Barchart.com

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