Ferguson Earnings Preview
Portfolio Pulse from Benzinga Insights
Ferguson (NYSE:FERG) is expected to release its quarterly earnings report on Tuesday, 2023-12-05, with an estimated EPS of $2.62. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Ferguson has had mixed results with its EPS performance, sometimes beating and sometimes missing estimates, with corresponding stock price changes. Over the last year, Ferguson's shares have increased by 38.89%, and the stock is currently trading at $172.41.
December 04, 2023 | 2:00 pm
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POSITIVE IMPACT
Ferguson is anticipated to report quarterly earnings with an EPS estimate of $2.62. Past quarters show a mix of beats and misses, with the stock price reacting accordingly. Shares have risen 38.89% over the past year, indicating a positive trend.
Ferguson's upcoming earnings report is highly relevant as it directly pertains to the company's financial performance. The importance is high given the historical stock price reactions to earnings results and the overall positive trend in the stock's performance. The score is positive (1) because of the past year's positive stock performance and the potential for an earnings beat, which could continue the bullish trend. However, the confidence is not at 100 due to the mixed historical EPS performance and the market's unpredictable reaction to guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100