Ferguson Q4 Adj EPS $2.77 Beats $2.46 Estimate, Sales $7.84B Beat $7.60B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ferguson (NYSE:FERG) reported Q4 earnings of $2.77 per share, beating the analyst consensus estimate of $2.46 by 12.6%. However, this is a 2.81% decrease from the same period last year. The company also reported quarterly sales of $7.84 billion, beating the analyst consensus estimate of $7.60 billion by 3.13%, but this is a 1.67% decrease from the same period last year.
September 26, 2023 | 10:47 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Ferguson's Q4 earnings and sales beat analyst estimates, but both show a decrease from the same period last year.
While Ferguson beat analyst estimates for Q4 earnings and sales, the decrease from the same period last year could potentially concern investors. This mixed result may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100