Ferguson Reports Second Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
William Blair Defending Ferguson Plc. (FERG), 'Buying Opportunity on Slight EPS Miss'
March 6, 2024 7:01 AM ESTWilliam Blair analyst Ryan Merkel reiterated an Outperform rating on Ferguson Plc. (NYSE: FERG).
The analyst comments "Second-quarter EPS missed the Street estimate by 4%, on lower sales and higher operating expense. The sales shortfall was due to contractors taking extended holiday vacations and challenging January weather. Full-year guidance was reiterated as open orders and daily sales trends support a return to positive organic growth during the second half. Importantly, February organic sales were flat and total sales growth was slightly positive with M&Ain line with our model and... More
Ferguson plc (FERG) Mentioned Positively at Zelman
March 6, 2024 6:20 AM ESTFerguson plc (NYSE: FERG) Mentioned Positively at Zelman
"Buy on Weakness"... More