India, June 5 -- Brown-Forman Corp. (BFB) reported a profit for fourth quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line totaled $146 million, or $0.31 per share. This compares with $266 million, or $0.56 per share, last year.
Analysts on average had expected the company to earn $0.34 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 7.3% to $894 million from $964 million last year.
Brown-Forman Corp. earnings at a glance (GAAP) :
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-Earnings: $146 Mln. vs. $266 Mln. last year.-EPS: $0.31 vs. $0.56 last year.-Revenue: $894 Mln vs. $964 ...