Brown Forman Inc Class A Common Stock Q4 2024 GAAP EPS $0.56 Beats $0.41 Estimate, Sales $964.000M Miss $1.031B Estimate
Portfolio Pulse from Benzinga Newsdesk
Brown Forman Inc Class A Common Stock (NYSE:BF) reported Q4 2024 GAAP EPS of $0.56, beating the $0.41 estimate, but sales of $964 million missed the $1.031 billion estimate.
June 05, 2024 | 12:04 pm
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Brown Forman Inc reported Q4 2024 GAAP EPS of $0.56, beating the $0.41 estimate by 36.59%. However, sales of $964 million missed the $1.031 billion estimate by 6.46%, and decreased by 7.84% compared to the same period last year.
The earnings beat is a positive sign, but the miss on sales and the year-over-year decline in revenue could neutralize the positive impact. Investors may have mixed reactions, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100