EPS for Brown-Forman Corporation (BF.B) Expected At $0.53

November 15, 2017 - By Ellis Scott

 EPS for Brown Forman Corporation (BF.B) Expected At $0.53

Wall Street await Brown-Forman Corporation (NYSE:BF.B) to release earnings on December, 6. Analysts forecast earnings per share of $0.53, up exactly $0.03 or 6.00 % from 2014’s $0.5 EPS. The expected BF_B’s profit could reach $204.58 million giving the stock 27.89 P/E in the case that $0.53 earnings per share is reported. After posting $0.46 EPS for the previous quarter, Brown-Forman Corporation’s analysts now forecast 15.22 % EPS growth. The stock increased 1.65% or $0.96 during the last trading session, reaching $59.12. About 1.27M shares traded or 98.95% up from the average. Brown-Forman Corporation (NYSE:BF.B) has risen 11.07% since November 15, 2016 and is uptrending. It has underperformed by 5.63% the S&P500.

Brown-Forman Corporation (NYSE:BF.B) Ratings Coverage

Among 11 analysts covering Brown-Forman (NYSE:BF.B), 0 have Buy rating, 2 Sell and 9 Hold. Therefore 0 are positive. Brown-Forman had 30 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, December 8. The stock has “Hold” rating by RBC Capital Markets on Tuesday, August 29. The stock of Brown-Forman Corporation (NYSE:BF.B) has “Hold” rating given on Thursday, June 8 by Credit Suisse. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, August 30. Stifel Nicolaus maintained Brown-Forman Corporation (NYSE:BF.B) on Thursday, August 27 with “Buy” rating. The stock has “Hold” rating by Cowen & Co on Thursday, July 13. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, March 8. The stock of Brown-Forman Corporation (NYSE:BF.B) earned “Neutral” rating by Sterne Agee CRT on Friday, February 26. The rating was initiated by Credit Suisse on Friday, September 16 with “Outperform”. The rating was downgraded by RBC Capital Markets on Monday, January 4 to “Sector Perform”.

Brown-Forman Corporation is a spirit and wine company. The company has market cap of $22.82 billion. The Firm makes, bottles, imports, exports, markets and sells a range of alcoholic beverages. It has a 32.69 P/E ratio. The Firm has a portfolio of approximately 40 spirit, wine and ready-to-drink cocktail brands.

More recent Brown-Forman Corporation (NYSE:BF.B) news were published by: Twst.com which released: “Brown-Forman Corporation: Brown-Forman’s Second Quarter Earnings Release and …” on November 14, 2017. Also Nasdaq.com published the news titled: “Commit To Purchase Brown-Forman Corp At $50, Earn 4.9% Annualized Using Options” on October 25, 2017. Seekingalpha.com‘s news article titled: “Dividend Aristocrats In Focus Part 34: Brown-Forman” with publication date: November 08, 2017 was also an interesting one.

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