Earnings

Recap: Brown Forman Inc Class B Common Stock Q3 Earnings

Mar 06, 2024

Brown Forman Inc Class B Common Stock (NYSE:BF) reported its Q3 earnings results on Wednesday, March 6, 2024 at 08:05 AM.

Here’s what investors need to know about the announcement.

Earnings

Brown Forman Inc Class B Common Stock beat estimated earnings by 7.000000000000001%, reporting an EPS of $0.6 versus an estimate of $0.56.

Revenue was down $12.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 1.0% increase in the share price the next day.

Here’s a look at Brown Forman Inc Class B Common Stock’s past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.51 0.53 0.43 0.47
EPS Actual 0.50 0.48 0.43 0.26
Revenue Estimate 1.15B 1.05B 990.29M 1.01B
Revenue Actual 1.11B 1.04B 1.05B 1.08B

To track all earnings releases for Brown Forman Inc Class B Common Stock visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Stay informed with the latest market
alerts by subscribing today!

Subscribe and receive daily afternoon commentary and trade opportunities
focused on Stock Market Newswire.

*By submitting your information you agree to the terms of our Privacy Policy. You will receive the Stock Market Newswire newsletter and third party offers. You can unsubscribe anytime by selecting unsubscribe at the bottom of our emails.