Louisville, Kentucky, November 4, 2019 – Shares of Brown-Forman Corporation (NYSE: BF-B) gained 0.58% to $65.90. The stock grabbed the investor’s attention and traded 778.936K shares as compared to its average daily volume of 1.47M shares. The stock’s institutional ownership stands at 52.90%.

Brown-Forman Corporation (BF.B) posted revenues of $766.0M for the quarter ended July 2019, missing the Zacks Consensus Estimate by 0.80%. This compares to year-ago revenues of $766.0M. The company has not been able to beat consensus revenue estimates over the last four quarters. The company came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.

BF-B has a market value of $30.72B while its EPS was booked as $1.53 in the last 12 months. The stock has 466.14M shares outstanding. In the profitability analysis, the company has gross profit margin of 64.40% while net profit margin was 24.70%. Beta value of the company was 0.66; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 3.10.