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Brown-Forman Ahead of Earnings
Published on Tuesday, 31 August 2010 10:15 Written by Danny Miller
New York, August 31st (TradersHuddle.com) - Shares of Brown-Forman Corporation (NYSE:BF.B) are trading flat by N/A ahead of its
quarterly earnings release. Brown-Forman, the diverisfied producer and distributor of spirits and wines is expected to release its quarterly results on September 1st.
Wall Street Analysts consensus calls for a profit of $0.84 a share on $757.17 million revenue.
Brown-Forman estimates have a range of $0.05 a share. The high estimate calls for profit of $0.87 a share and the low estimate is calling for a profit of $0.82 a share, a year ago for the quarter the company reported $0.81 a share.
Brown-Forman Corporation (NYSE:BF.B) manufactures, bottles, imports, exports, and markets alcoholic beverage. It offers consumer beverage alcohol products, including Tennessee, Canadian, and Kentucky whiskeys; Kentucky bourbon; tequila; vodka; liqueurs; California sparkling wine; table wine; and ready-to-drink products. The company provides its products under mnay brands, including Jack Daniel's Tennessee Whiskey, Herradura Tequila, Finlandia Vodka, Sonoma-Cutrer Wines, el Jimador Tequila, and Woodford Reserve Bourbon. and Fetzer Wines band names. Brown-Forman sell its products worldwide and is based in Louisville, Kentucky.
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