Brown Forman Inc Class B Common Stock's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Brown Forman Inc Class B Common Stock (NYSE:BF) is scheduled to release its quarterly earnings report on March 6, 2024, with an estimated EPS of $0.56. The company's past earnings performance shows mixed results with slight fluctuations in stock price post-earnings announcement. Shares are currently trading at $60.26, down 4.87% over the last 52 weeks. Investors are looking for a beat on the EPS estimate and positive guidance for future growth.
March 05, 2024 | 3:01 pm
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Brown Forman Inc Class B Common Stock (NYSE:BF) is expected to announce its quarterly earnings with an anticipated EPS of $0.56. The stock has experienced a 4.87% decline over the past year, with mixed results in past earnings affecting stock prices.
Given the anticipation of beating the EPS estimate and the emphasis on future guidance, there's potential for positive short-term impact on BF's stock price. Historical data shows that earnings announcements have led to price fluctuations. The current downward trend in the stock price may reverse if the company reports strong earnings and positive guidance, aligning with investor expectations.
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