Brown-Forman Corporation · BF-A · Next earnings

Brown-Forman Corporation reports Thursday, Dec 3, 2026

BF-A reports before market open with consensus EPS at $0.46 and revenue at $1.04B. Last quarter: Brown-Forman holds FY27 outlook as RTD innovation offsets barrel pressure

Reports Before market open73 days awayDate estimated Consumer Defensive

What the street expects

Consensus for the coming report
Consensus EPS $0.46 Calendar consensus
Consensus revenue $1.04B Calendar consensus
Report date Dec 3, 2026 Thursday, date estimated
Session Before market open 73 days away

Where BF-A left off: FY2027 Q1

Full report

Brown-Forman holds FY27 outlook as RTD innovation offsets barrel pressure

EPS surprise +3.0% Reported $0.38 vs $0.37
Revenue surprise -0.5% Reported $911.0M vs $915.2M
Stock move — Event window
Subsequent drift — Up to 20 sessions

Management maintained FY27 guidance, with organic net sales expected to be roughly flat and capex of $60–70 million.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Used-barrel sales and the declining bulk business may continue to weigh on results.
  • Soft developed-market demand, tequila pricing pressure and higher input costs remain headwinds.
  • Distributor-transition timing and Canadian restrictions could add volatility.
  • CEO succession creates an execution and continuity consideration.

Questions analysts left open

  • Higher barrel inventory could add to future margin pressure.
  • Tequila pricing and distributor incentives remain key execution questions.
  • Capex and inventory reduction plans warrant continued monitoring.

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Recent BF-A quarters

All BF-A earnings
—FY2027 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2027 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.