Brown-Forman’s Upcoming Q4 Earnings Preview 
<p>RBC Capital analysts shared their outlook on <a href='https://financialmodelingprep.com/financial-summary/BF-B'>Brown-Forman (NYSE:BF-B)</a> ahead of the company’s Q4/23 earnings announcement, expecting organic growth of (1.5%), compared to the Street estimate of (0.7%), and EPS of $0.40, compared to the Street estimate of ($0.43). </p>
<p>A slight decline in organic sales is because the company lapsed more than 20% organic growth in the back half of 2022, as it was in the early stages of rebuilding global inventories following glass supply chain issues.</p>
<p>For fiscal 2024, the analysts expect an on-algorithm guide with mid-single-digit organic growth and high-single-digit or better organic operating growth. The analysts reiterated their Sector Perform rating and $66 price target on the stock.</p>

NYSE:BF-B