Brokerages expect that Brown-Forman Co. (NYSE:BF.B) will post earnings per share (EPS) of $0.24 for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Brown-Forman’s earnings. The lowest EPS estimate is $0.21 and the highest is $0.31. Brown-Forman reported earnings per share of $0.30 in the same quarter last year, which indicates a negative year-over-year growth rate of 20%. The company is expected to issue its next earnings report on Wednesday, June 6th.

On average, analysts expect that Brown-Forman will report full-year earnings of $1.50 per share for the current fiscal year, with EPS estimates ranging from $1.47 to $1.58. For the next fiscal year, analysts forecast that the firm will report earnings of $1.78 per share, with EPS estimates ranging from $1.72 to $1.84. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover Brown-Forman.

Brown-Forman (NYSE:BF.B) last announced its quarterly earnings results on Wednesday, March 7th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.03. Brown-Forman had a net margin of 18.15% and a return on equity of 55.27%. The company had revenue of $878.00 million for the quarter, compared to analysts’ expectations of $870.06 million. During the same quarter in the previous year, the business posted $0.47 earnings per share. Brown-Forman’s quarterly revenue was up 8.7% on a year-over-year basis.

Several equities research analysts recently weighed in on the stock. Zacks Investment Research cut shares of Brown-Forman from a “buy” rating to a “hold” rating in a research report on Wednesday, February 21st. BMO Capital Markets assumed coverage on shares of Brown-Forman in a research report on Monday, February 5th. They issued a “market perform” rating on the stock. Credit Suisse Group restated a “neutral” rating and issued a $48.80 price target (up previously from $44.00) on shares of Brown-Forman in a research report on Thursday, December 7th. Stifel Nicolaus restated a “hold” rating and issued a $55.20 price target (up previously from $39.20) on shares of Brown-Forman in a research report on Wednesday, December 6th. Finally, Barclays assumed coverage on shares of Brown-Forman in a research report on Wednesday, January 10th. They issued an “equal weight” rating and a $57.60 price target on the stock. Thirteen analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $47.07.

Shares of Brown-Forman (BF.B) opened at $55.05 on Thursday. Brown-Forman has a 1 year low of $36.33 and a 1 year high of $56.81. The firm has a market cap of $26,447.18, a price-to-earnings ratio of 34.24 and a beta of 0.89. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.78 and a quick ratio of 1.24.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 2nd. Shareholders of record on Monday, March 5th will be paid a dividend of $0.158 per share. This represents a $0.63 annualized dividend and a yield of 1.15%. The ex-dividend date is Friday, March 2nd. Brown-Forman’s payout ratio is 40.65%.

TRADEMARK VIOLATION WARNING: This story was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another site, it was illegally copied and reposted in violation of international copyright laws. The original version of this story can be viewed at

About Brown-Forman

Brown-Forman Corporation is a spirit and wine company. The Company manufactures, bottles, imports, exports, markets and sells a range of alcoholic beverages. The Company has a portfolio of approximately 40 spirit, wine and ready-to-drink cocktail (RTD) brands. Its principal brands include Jack Daniel’s Tennessee Whiskey, Jack Daniel’s RTDs, Jack Daniel’s Tennessee Honey, Gentleman Jack Rare Tennessee Whiskey, Jack Daniel’s Tennessee Fire, Jack Daniel’s Single Barrel Collection, Jack Daniel’s Sinatra Select, Jack Daniel’s Winter Jack, Jack Daniel’s No.

Get a free copy of the Zacks research report on Brown-Forman (BF.B)

For more information about research offerings from Zacks Investment Research, visit

Earnings History and Estimates for Brown-Forman (NYSE:BF.B)

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's FREE daily email newsletter.