Brokerages expect Brown-Forman Co. (NYSE:BF.B) to report $0.53 earnings per share for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Brown-Forman’s earnings. The highest EPS estimate is $0.54 and the lowest is $0.51. Brown-Forman posted earnings of $0.52 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 1.9%. The firm is scheduled to issue its next earnings report on Wednesday, December 4th.
On average, analysts expect that Brown-Forman will report full-year earnings of $1.79 per share for the current financial year, with EPS estimates ranging from $1.76 to $1.80. For the next year, analysts expect that the business will post earnings of $1.93 per share, with EPS estimates ranging from $1.90 to $1.95. Zacks’ EPS averages are an average based on a survey of research firms that that provide coverage for Brown-Forman.
Brown-Forman (NYSE:BF.B) last announced its quarterly earnings results on Wednesday, August 28th. The company reported $0.39 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.02. The company had revenue of $766.00 million during the quarter, compared to analyst estimates of $773.14 million. Brown-Forman had a return on equity of 52.13% and a net margin of 24.70%. The firm’s revenue was up .0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.41 earnings per share.
Shares of NYSE:BF.B traded up $1.12 during trading on Friday, reaching $65.18. 2,493,312 shares of the stock were exchanged, compared to its average volume of 1,282,775. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.42 and a current ratio of 3.27. Brown-Forman has a 12-month low of $44.57 and a 12-month high of $65.37. The firm has a market cap of $30.98 billion, a price-to-earnings ratio of 37.68, a price-to-earnings-growth ratio of 4.73 and a beta of 0.65. The firm’s 50-day moving average price is $57.51 and its 200 day moving average price is $54.24.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Friday, September 6th will be paid a dividend of $0.166 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date is Thursday, September 5th. Brown-Forman’s dividend payout ratio is presently 38.15%.
Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages worldwide. It provides spirits, wines, ready-to-drink cocktails, whiskeys, vodkas, tequilas, champagnes, brandy, and liqueurs. The company offers its products primarily under the Jack Daniel's, Gentleman Jack, Woodford Reserve, Korbel, Finlandia, el Jimador, Herradura, Sonoma-Cutrer, Canadian Mist, GlenDronach, BenRiach, Glenglassaugh, Chambord, Old Forester, Early Times, Pepe Lopez, Antiguo, Slane Irish, and Coopers' Craft brands.
Featured Story: What is a dead cat bounce?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Brown-Forman Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brown-Forman and related companies with MarketBeat.com's FREE daily email newsletter.