Investing.com - Brown Forman (NYSE:BFb) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Brown Forman announced earnings per share of $0.5 on revenue of $985M. Analysts polled by Investing.com anticipated EPS of $0.5082 on revenue of $967.27M.
Brown Forman shares are up 16% from the beginning of the year, still down 4.91% from its 52 week high of $83.11 set on September 2. They are outperforming the S&P 500 which is up 14.56% from the start of the year.
Brown Forman shares lost 1.69% in intra-day trade following the report.
Brown Forman follows other major Consumer/Non-Cyclical sector earnings this month
Brown Forman's report follows an earnings missed by Brown Forman A on Tuesday, who reported EPS of $0.5 on revenue of $985M, compared to forecasts EPS of $0.5023 on revenue of $967.27M.
Shiseido Company had beat expectations on November 10 with fourth quarter EPS of $0.1826 on revenue of $2.23B, compared to forecast for EPS of $0.0657 on revenue of $2.27B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar