Earnings Preview: Brown Forman Inc Class A Common Stock

Brown Forman Inc Class A Common Stock BF is set to give its latest quarterly earnings report on Wednesday, 2021-12-08. Here's what investors need to know before the announcement.

Analysts estimate that Brown Forman Inc Class A Common Stock will likely report an Earnings Per Share (EPS) of $0.52.

Brown Forman Inc Class A Common Stock bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Brown Forman Inc Class A Common Stock's past performance and the resulting price change:

Stock Performance

Shares of Brown Forman Inc Class A Common Stock were trading at $68.69 as of December 03. Over the last 52-week period, shares are down 11.83%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

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