Ferguson Reiterates FY23 Revenue Guidance Of Growth In Low-Single-Digits
Portfolio Pulse from Benzinga Newsdesk
Ferguson reiterates its FY23 revenue guidance, expecting growth in low-single-digits.

June 06, 2023 | 10:52 am
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Ferguson reiterates FY23 revenue guidance, projecting low-single-digit growth.
Ferguson's reiteration of its FY23 revenue guidance indicates that the company is confident in its projections. However, the low-single-digit growth may not be significant enough to drive the stock price up or down in the short term. The news is relevant and important for investors, but the impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100