Brown-Forman Ahead of Earnings

Published on Wednesday, 07 December 2011 10:44 Written by Christian Paolinetti

New York, December 7th (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 December 8^th.

Wall Street Analysts consensus calls for a profit of $1.09 a share on $955.79 million revenue.

Brown-Forman estimates have a range of $0.07 a share. The high estimate calls for profit of $1.14 a share and the low estimate is calling for a profit of $1.07 a share, a year ago for the quarter the company reported $1.05 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.

Other companies on the watch on this earnings event are and Beam Inc. NYSE:BEAM.