Brown-Forman Corporation Q4 Earnings Preview
<p>Deutsche Bank analysts released their outlook on <a href='https://financialmodelingprep.com/financial-summary/BF-B'>Brown-Forman Corporation (NYSE:BF-B) </a>ahead of the upcoming Q4 earnings, expected to be reported on June 8.</p>
<p>Overall, the analysts are biased higher on revenues versus the consensus estimates heading into Q4 results, albeit lower on margins/EPS—noting cost inflation pressure, lingering translational/transactional FX headwinds, and elective investments in A&P/other capabilities. While the analysts see the company benefitting from still-solid/strong consumer demand across most markets, the company’s ongoing supply-side challenges with glass sourcing may have partially held back growth in the quarter. Moreover, the analysts noted that stronger Q4 depletions may delay the company’s efforts to replenish distributor/retailer inventory.</p>

NYSE:BF-B