Brown-Forman posts 3Q profit

LOUISVILLE, Ky. (AP) _ Brown-Forman Corp. (BF.A) on Wednesday reported fiscal third-quarter earnings of $190 million.

On a per-share basis, the Louisville, Kentucky-based company said it had net income of 39 cents. Earnings, adjusted for pretax expenses, were 44 cents per share.

The liquor company that makes Jack Daniel's and other brands posted revenue of $1.16 billion in the period. Its adjusted revenue was $878 million.

Brown-Forman expects full-year earnings to be $1.43 to $1.48 per share.

Brown-Forman shares have increased 3.5 percent since the beginning of the year. The stock has climbed 41 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BF.A at https://www.zacks.com/ap/BF.A