Recap: Ferguson Q3 Earnings
Portfolio Pulse from Benzinga Insights
Ferguson (NYSE:FERG) reported Q3 earnings, beating estimates by 1.38% with an EPS of $2.2. However, revenue was down $144 million from the same period last year.
June 06, 2023 | 10:55 am
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Ferguson's Q3 earnings beat estimates by 1.38% with an EPS of $2.2, but revenue was down $144 million YoY.
Ferguson's Q3 earnings beat estimates, which could have a positive impact on the stock price. However, the decline in revenue compared to the same period last year may offset the positive sentiment, resulting in a neutral short-term impact.
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