Brown-Forman Corp. (BF-B) Tops Q4 EPS by 4c

June 4, 2014 7:50 AM EDT
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Price: $28.14 +0.39%

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Net income: 197M

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Brown-Forman Corp. (NYSE: BF-B) reported Q4 EPS of $0.62, $0.04 better than the analyst estimate of $0.58. Revenue for the quarter came in at $893 million versus the consensus estimate of $923.73 million.

Paul Varga, the company’s Chief Executive Officer, said, “We are pleased to report another fiscal year of excellent organic growth, particularly in light of the moderating growth rates of our global competitors. I believe that our leadership position in premium American whiskey, led by the one and only Jack Daniel’s trademark, and a very balanced geographic contribution, underpin the company’s differentiated performance. We remain optimistic about the organic growth prospects for Brown-Forman, and our investment posture and fiscal 2015 earnings outlook reflect that optimism.”

For earnings history and earnings-related data on Brown-Forman Corp. (BF-B) click here.



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