Brown-Forman B shares rise 5.90% intraday as Q2 revenue of $1.04 billion exceeds Wall Street forecasts.

Brown-Forman B surged 5.90% intraday following the release of its fiscal Q2 earnings report, which showed revenue of $1.04 billion, exceeding the $1.03 billion Wall Street consensus. While the 47 cents per share earnings fell short of estimates, the revenue beat likely driven market optimism, particularly as the stock has been in a prolonged decline. The report highlighted a mixed earnings outcome but underscored resilience in revenue growth, which may have prompted a short-term rebound. Other news, such as the ex-dividend date in 2025, is unrelated to the immediate price movement.