Brown-Forman Corporation (BF-B) is currently priced at $27.75, up by 16.5 cents (0.6%) from the previous close of $27.59. With a trading volume of $495,191, exceeding the average by 8.26%, the stock is showing positive momentum today.
BF-B has experienced a five-day downward streak, resulting in a $-1.51 absolute change (-5.14%) from a starting price of $29.26.
The latest quarterly earnings report, released on Tuesday, March 3rd, shows an earnings per share of 0.565, surpassing the consensus estimate of 0.3304.
Brown-Forman Corporation offers a forward dividend yield of 3.33%, with a dividend per share of 23.1 cents both on a quarterly and trailing twelve-month basis.
The company's cash flow indicates a healthy financial position with free cash flow of $392 million and a net cash increase of $64 million.
With a revenue of $1 billion and a net income of $267 million, BF-B demonstrates a strong operational performance, yielding an earnings per share of 57 cents.
Key financial ratios for BF-B include a net profit margin of 25.12%, return on equity of 6.54%, and a price to earnings ratio of 12.09, reflecting the company's profitability and valuation.
The balance sheet reveals total assets of $8.30 billion, total liabilities of $4.22 billion, and net debt standing at $2.34 billion, portraying a stable financial standing for Brown-Forman Corporation.
Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Reserve, Old Forester, Coopers' Craft, Herradura, el Jimador, New Mix, Korbel Champagnes, Sonoma-Cutrer, Finlandia, GlenDronach, Benriach, Glenglassaugh, Chambord, Slane, and Fords Gin brands. It is also involved in the sale of used barrels, bulk whiskey, and wine; and provision of contract bottling services. The company serves retail customers and consumers through distributors or state governments; and retailers, wholesalers, and provincial governments directly. It has operations in the United States, Germany, Australia, the United Kingdom, Mexico, and internationally. The company was founded in 1870 and is headquartered in Louisville, Kentucky.