Brown-Forman (BF-A) Reports Q2 EPS of $0.50

Brown-Forman (NYSE: BF-A) reported Q2 EPS of $0.50, versus $0.59 reported last year. Revenue for the quarter came in at $985 million, versus $989 million reported last year.

Fiscal Year 2021 Outlook:

The company continues to face substantial uncertainty in the rapidly evolving environment due to COVID-19 and its effect on the global economy. As a result of this ongoing uncertainty and expected volatility, the company is not providing quantitative guidance for fiscal year 2021. Jane Morreau, Executive Vice President and Chief Financial Officer, noted “We believe our financial and business fundamentals remain strong, allowing us to navigate this highly dynamic environment while remaining focused on our long-term strategic priorities.” Morreau added, “In our 150 year history, we have experienced many unforeseen turbulent events and have emerged stronger. We believe this time will be no different.”

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

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