Brown-Forman Corporation is set to release its Q3 2026 earnings, with analysts predicting a decrease to $0.48 per share from $0.57 per share in the same quarter last year. For fiscal 2026, analysts expect an EPS of $1.67, down 9.2% from fiscal 2025, but a 4.8% YoY increase to $1.75 in fiscal 2027.

The company’s stock has fallen 17.1% over the past year, underperforming the S&P 500 Index and the State Street Consumer Staples Select Sector SPDR ETF. On Jan. 16, Brown-Forman stock dropped over 3% after being downgraded to “Underperform” with a price target of $24 due to industry headwinds.

Analysts are cautious about Brown-Forman stock, with a consensus “Hold” rating. Of the 17 analysts covering the stock, three recommend a “Strong Buy,” nine advise a “Hold,” one suggests a “Moderate Sell,” and four propose a “Strong Sell.” The average price target is $30.49, indicating an 8.9% upside from current levels.

Read more at Yahoo Finance: What to Expect From Brown-Forman’s Next Quarterly Earnings Report