Treasury Wine Estates (ASX:TWE) expects its earnings for the first half of 2018-19 to be above consensus of $332 million.
The company said it expects earnings to be within the range of $335 million and $340 million.
They also reiterated its full year guidance, that earning growth would be 25 per cent.
They also noted continued volatility in response to uncertainty within the US and Asian markets.
Shares in Treasury Wine Estates (ASX:TWE) closed 4.78 per cent lower at $14.25 yesterday.