Brown-Forman B Q2 Earnings Expected to Decline Amidst Lower Revenues

Brown-Forman B (BF.B) is expected to report Q2 earnings of $0.48 per share, a -12.7% YoY decline. Revenues are expected to be $1.03 billion, down 6.2% from the year-ago quarter. The consensus EPS estimate has been revised 0.55% higher over the last 30 days. The Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with a positive reading indicating a potential earnings beat. A positive Earnings ESP and a Zacks Rank of 1, 2, or 3 can predict an earnings beat nearly 70% of the time.