RBC Capital analysts shared their outlook on Brown-Forman (NYSE:BF-B) ahead of the company’s Q4/23 earnings announcement, expecting organic growth of (1.5%), compared to the Street estimate of (0.7%), and EPS of $0.40, compared to the Street estimate of ($0.43).
A slight decline in organic sales is because the company lapsed more than 20% organic growth in the back half of 2022, as it was in the early stages of rebuilding global inventories following glass supply chain issues.
For fiscal 2024, the analysts expect an on-algorithm guide with mid-single-digit organic growth and high-single-digit or better organic operating growth. The analysts reiterated their Sector Perform rating and $66 price target on the stock.
Symbol | Price | %chg |
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DEO.BA | 24375 | 0.1 |
DGH.JO | 18050 | 0 |
600519.SS | 1420.97 | 0 |
000080.KS | 19950 | 0 |
Brown-Forman Corporation, trading under the symbol BF-B on the NYSE, is a prominent player in the alcoholic beverage industry, known for its iconic Jack Daniel's brand. The company operates in a competitive market, facing challenges from both traditional competitors and emerging trends like weight-loss drugs and cannabis, which are impacting liquor sales.
On June 5, 2025, Brown-Forman reported its earnings, revealing an EPS of $0.31, which fell short of the estimated $0.34. This was a significant decline from the $0.56 per share reported in the same quarter last year, as highlighted by Zacks. The earnings report reflected a negative surprise of 13.89%, contrasting with the previous quarter's positive surprise of 21.28%.
The company's revenue for the quarter was $894 million, missing the estimated $967.1 million and marking an 8.10% shortfall from the consensus estimate. This was also a decrease from the $964 million reported a year ago. Brown-Forman has only surpassed consensus revenue estimates once in the last four quarters, indicating ongoing challenges in meeting market expectations.
Brown-Forman's stock performance has been significantly affected, with shares plummeting to a 12-year low, marking the worst trading day in its history. The company's shares fell approximately 14% in premarket trading following the announcement of decreased annual revenue and profit projections due to tariffs and subdued consumer spending.
Despite these challenges, Brown-Forman maintains a price-to-earnings (P/E) ratio of approximately 13.12, reflecting the market's valuation of its earnings. The company's financial metrics, such as a price-to-sales ratio of about 3.20 and a debt-to-equity ratio of approximately 0.75, provide insights into its market valuation and financial health. The current ratio of around 3.49 indicates a strong ability to cover short-term liabilities with short-term assets.
Brown-Forman Corporation, trading under the symbol NYSE:BF-B, is a prominent player in the alcoholic beverages industry. Known for its iconic brands like Jack Daniel's, the company has a strong market presence. It competes with other major players such as Diageo and Pernod Ricard. Brown-Forman's financial performance is closely watched by investors and analysts alike.
On March 5, 2025, BF-B reported its earnings before the market opened, showcasing an earnings per share (EPS) of $0.57. This figure surpassed the estimated EPS of $0.39, as well as the Zacks Consensus Estimate of $0.47, marking a 21.28% earnings surprise. However, this EPS is a slight decline from the $0.60 reported in the same quarter last year.
BF-B's revenue for the quarter reached approximately $1.035 billion, exceeding the estimated revenue of about $987.7 million. Despite this, it fell short of the Zacks Consensus Estimate of $1.072 billion by 3.02%. This revenue figure also represents a slight decline from the $1.07 billion reported in the same period last year, highlighting challenges in the tequila portfolio.
The company's financial metrics provide further insight into its performance. With a price-to-earnings (P/E) ratio of approximately 16.94, the market values BF-B's earnings moderately. The price-to-sales ratio of about 4.16 and enterprise value to sales ratio of 4.64 reflect the market's valuation of its revenue and total value. The debt-to-equity ratio of 0.67 indicates a balanced leverage level.
Despite the mixed results, Brown-Forman reaffirmed its fiscal year 2025 outlook. The company's current ratio of around 3.49 suggests a strong ability to cover short-term liabilities with short-term assets. This financial stability, combined with an earnings yield of about 5.90%, provides a solid foundation for future growth and shareholder returns.
Brown-Forman Corporation, trading under the symbol NYSE:BF-B, is a prominent player in the alcoholic beverages industry. Known for its iconic brands like Jack Daniel's, the company has a strong market presence. It competes with other major players such as Diageo and Pernod Ricard. Brown-Forman's financial performance is closely watched by investors and analysts alike.
On March 5, 2025, BF-B reported its earnings before the market opened, showcasing an earnings per share (EPS) of $0.57. This figure surpassed the estimated EPS of $0.39, as well as the Zacks Consensus Estimate of $0.47, marking a 21.28% earnings surprise. However, this EPS is a slight decline from the $0.60 reported in the same quarter last year.
BF-B's revenue for the quarter reached approximately $1.035 billion, exceeding the estimated revenue of about $987.7 million. Despite this, it fell short of the Zacks Consensus Estimate of $1.072 billion by 3.02%. This revenue figure also represents a slight decline from the $1.07 billion reported in the same period last year, highlighting challenges in the tequila portfolio.
The company's financial metrics provide further insight into its performance. With a price-to-earnings (P/E) ratio of approximately 16.94, the market values BF-B's earnings moderately. The price-to-sales ratio of about 4.16 and enterprise value to sales ratio of 4.64 reflect the market's valuation of its revenue and total value. The debt-to-equity ratio of 0.67 indicates a balanced leverage level.
Despite the mixed results, Brown-Forman reaffirmed its fiscal year 2025 outlook. The company's current ratio of around 3.49 suggests a strong ability to cover short-term liabilities with short-term assets. This financial stability, combined with an earnings yield of about 5.90%, provides a solid foundation for future growth and shareholder returns.
Brown-Forman Corporation (NYSE:BF-B), known for its iconic Jack Daniel's Tennessee whiskey, reported its earnings on December 5, 2024. The company achieved a revenue of approximately $1.095 billion, in-line with the estimated $1.095 billion. Despite this, Brown-Forman remains a key player in the beverage industry, competing with other giants like Diageo and Pernod Ricard.
During the Q2 2025 earnings call, Brown-Forman's leadership, including CEO Lawson Whiting, discussed the company's financial performance and strategic growth initiatives. The call featured participation from analysts at major financial institutions, highlighting the company's importance in the market. The discussion provided insights into Brown-Forman's outlook for the fiscal year, as highlighted by Seeking Alpha.
Brown-Forman's fiscal second-quarter revenue of $1.095 billion, in-line with analyst expectations. Net income stood at $258 million, slightly higher than the previous year's $242 million, also exceeding Wall Street's forecasts. This performance led to a significant rally of over 10% in the company's stock price on the New York Stock Exchange.
Despite a 1% decline in Jack Daniel’s Tennessee Whiskey sales and a 3% drop in overall whiskey sales, CEO Lawson Whiting expressed confidence in the company's return to growth. The company anticipates a positive outlook for fiscal 2025, supported by a 4% increase in dividends, marking the 41st consecutive annual increase.
Brown-Forman's financial metrics reflect its market position. With a price-to-earnings (P/E) ratio of approximately 21.44 and a price-to-sales ratio of about 5.24, the market values its earnings and revenue highly. The company's debt-to-equity ratio of approximately 0.78 indicates a moderate level of debt, while a current ratio of around 2.70 suggests strong liquidity.
Brown-Forman Corporation (NYSE:BF-B), known for its iconic Jack Daniel's Tennessee whiskey, reported its earnings on December 5, 2024. The company achieved a revenue of approximately $1.095 billion, in-line with the estimated $1.095 billion. Despite this, Brown-Forman remains a key player in the beverage industry, competing with other giants like Diageo and Pernod Ricard.
During the Q2 2025 earnings call, Brown-Forman's leadership, including CEO Lawson Whiting, discussed the company's financial performance and strategic growth initiatives. The call featured participation from analysts at major financial institutions, highlighting the company's importance in the market. The discussion provided insights into Brown-Forman's outlook for the fiscal year, as highlighted by Seeking Alpha.
Brown-Forman's fiscal second-quarter revenue of $1.095 billion, in-line with analyst expectations. Net income stood at $258 million, slightly higher than the previous year's $242 million, also exceeding Wall Street's forecasts. This performance led to a significant rally of over 10% in the company's stock price on the New York Stock Exchange.
Despite a 1% decline in Jack Daniel’s Tennessee Whiskey sales and a 3% drop in overall whiskey sales, CEO Lawson Whiting expressed confidence in the company's return to growth. The company anticipates a positive outlook for fiscal 2025, supported by a 4% increase in dividends, marking the 41st consecutive annual increase.
Brown-Forman's financial metrics reflect its market position. With a price-to-earnings (P/E) ratio of approximately 21.44 and a price-to-sales ratio of about 5.24, the market values its earnings and revenue highly. The company's debt-to-equity ratio of approximately 0.78 indicates a moderate level of debt, while a current ratio of around 2.70 suggests strong liquidity.
Brown-Forman (NYSE:BF-B) reported an unexpected rise in Q4 revenue yesterday despite inflationary pressures. Net sales grew by 5% to $1.05 billion, surpassing Street expectations. Annual net sales increased by 8% to $4.23 billion, driven by strong consumer demand for premium products. Post-pandemic restrictions easing and travel retail sales surging by 41% contributed to the company's success.
The company reported organic sales growth of 4% well ahead of the Street estimate of a 0.7% decline with the year-to-date organic sales up 3% in the US, Developed International up 10%, Emerging Markets up 24% and Travel Retail up 43%. YTD results imply slower US growth as expected, with Emerging Markets and Developed international markets driving growth.