With a market cap of $12.7 billion, Brown-Forman Corporation (BF.B) is a leading global spirits company with a heritage spanning more than 155 years, dedicated to building and growing exceptional premium beverage alcohol brands. The company markets a world-renowned portfolio that includes Jack Daniel’s, Woodford Reserve, Old Forester, Herradura, Diplomático Rum, and several other iconic brands across more than 170 countries.
The Louisville, Kentucky-based company is expected to announce its fiscal Q2 2027 results soon. Ahead of this event, analysts expect BF.B to report an EPS of $0.46, down 2.1% from $0.47 in the year-ago quarter. It has surpassed or met Wall Street's earnings estimates in two of the last four quarters while missing on two other occasions.
For fiscal 2027, analysts project the Jack Daniel's maker to post an EPS of $1.67, a 9.2% rise from $1.53 in fiscal 2026.
Shares of Brown-Forman have risen 3.2% over the past 52 weeks, lagging behind both the S&P 500 Index's ($SPX) 12% increase and the State Street Consumer Staples Select Sector SPDR ETF’s (XLP) 14.5% gain over the same period.
Brown-Forman shares rose 3.9% on Sept. 2 after the Jack Daniel’s maker narrowly beat Q1 2027 profit estimates, reporting EPS of $0.38, despite sales declining 1% to $911 million, below the estimate. Investor sentiment was supported by strong growth in its ready-to-drink portfolio, where net sales jumped 20%, and a 40-basis-point expansion in gross margin driven by lower costs, particularly advertising expenses, and the end of its distribution relationship with Korbel California Champagnes.
Analysts' consensus view on BF.B stock is cautious, with an overall "Hold" rating. Among 17 analysts covering the stock, one recommends "Strong Buy," 12 suggest "Hold," one has a "Moderate Sell," and three "Strong Sells." The average analyst price target is $27.71, indicating a marginal potential upside from the current levels.
On the date of publication, Sohini Mondal did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.