Compared to Estimates, Brown-Forman B (BF.B) Q1 Earnings: A Look at Key Metrics
For the quarter ended July 2024, Brown-Forman B (BF.B) reported revenue of $951 million, down 8.4% over the same period last year. EPS came in at $0.41, compared to $0.48 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $989.31 million, representing a surprise of -3.87%. The company delivered an EPS surprise of -10.87%, with the consensus EPS estimate being $0.46.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Brown-Forman B performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Geographic Revenue- Developed International
: $280 million versus the two-analyst average estimate of $301.61 million.
Geographic Revenue- United States
: $419 million versus $395.49 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -5.2% change.
Geographic Revenue- Travel Retail
: $41 million compared to the $45.04 million average estimate based on two analysts.
Geographic Revenue- Emerging
: $185 million compared to the $203.84 million average estimate based on two analysts.
Net sales by product category- Non-branded and bulk
: $26 million compared to the $20.46 million average estimate based on two analysts. The reported number represents a change of +30% year over year.
View all Key Company Metrics for Brown-Forman B here>>>
Shares of Brown-Forman B have returned -0.7% over the past month versus the Zacks S&P 500 composite's +2.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Brown-Forman Corporation (BF.B) : Free Stock Analysis Report